Tag Archives: Permanent Life Insurance

Protect Your Family’s Future with Life Insurance

Protect Your Familys Future with Life Insurance

By Richard A. McGrath, CIC, LIA Death is a subject that makes most people uncomfortable, but have you ever stopped to think about what will happen to your family when you die? How will your family manage financially? Life insurance is a simple solution to this difficult question, yet more than 40 percent of Americans […]

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Choosing the Right Life Insurance for Your Estate Planning Needs

By Richard A. McGrath, CIC, LIA Life insurance has long been recognized as an ideal funding tool for estate planning, but it’s also important to choose the right life insurance policy for your estate planning needs. One reason life insurance works so well is that the death benefit is paid out when the individual who […]

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Test Your Life Insurance Knowledge in Five Minutes

By Richard McGrath, CIC, LIA Do you know enough to make informed decisions about your life insurance?  To find out, take the following test.  It should take only about five minutes to complete. Last year, we invited readers to test their knowledge of health insurance.  As we did then, we will present 10 statements, which […]

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Donating a Life Insurance Policy to Charity

Donating a Life Insurance Policy to Charity

We invest in life insurance because we love our family and want to protect them. The right policy can ensure that our loved ones have the financial stability they need at a time when they need it most. But, what if we no longer have a need for that policy or, if there are no […]

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How Life Insurance Can Reduce Your Taxes

By Richard McGrath, CIC, LIA Life insurance can serve many purposes, but there’s one use you may not be aware of – it can reduce your taxes. Cash-value life insurance, also known as permanent life insurance, can not only reduce your taxes while you’re living, it can protect your heirs from both income taxes and […]

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Insure Your Love with Life Insurance

By Megan Cooney, Marketing Assistant Is it possible to insure the love you have for your family? How can you make sure your loved ones are protected and financially secure even after your death? Life insurance is an investment that ensures your family has the coverage they need in the event of your passing. The […]

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Advice for Planning Your Estate

By Megan Cooney, Marketing Assistant “For tomorrow belongs to the people who prepare for it today,” goes an African Proverb. And in a world full of uncertainties, it is best to plan for the future of our loved ones today. Estate planning is the process by which an individual or family arranges the transfer of […]

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Protecting Your Family

By Richard A. McGrath, CIC, LIA What would your family do without you? That’s a question we should all ask ourselves; especially those who serve as the head of a household.  Would your spouse be able to support herself or himself?  Would your children be able to afford college? No one wants to think about […]

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Beware of Changing Needs With Life Insurance

By Richard A. McGrath, CIC, LIA As your life changes, so should your life insurance. It is worth reviewing your life insurance policy not only periodically, but whenever there is a major change in your life.  Anything that changes your financial status will likely affect your life insurance needs.  Marriage or divorce, a new job […]

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How Much Life Insurance Do You Need?

By Richard A. McGrath, CIC, LIA Most people recognize the need for life insurance, but they typically don’t know how much or what kind of life insurance to buy. So how much do you need?  It depends on your financial goals, your lifestyle and other factors.  Life insurance serves many uses, but its most important […]

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