We’ve all heard about the importance of having life insurance, but is it really necessary? Usually, the answer is “yes,” but it depends on your

Annuities are financial vehicles that can be sold only by insurance companies. Basically, an annuity is a contract between you and an insurance company, which

Property and casualty insurance is specifically designed to help protect your possessions from theft or destruction and your assets from being depleted through disaster or

Your business may be running smoothly. You could be making money hand over fist. But don’t be lulled into thinking that a catastrophe could never

If you own your own business, chances are you’ve at least thought about the conditions under which you will leave the business and who is

Life insurance can be an important part of a business owner’s financial strategy. It can also be a great benefit to offer to key employees.

Last-survivor or second-to-die life insurance covers two lives under one policy. The death benefit is paid after the second person covered under the policy dies.

One of your greatest assets is the ability to earn an income. If you were to lose that ability due to a disabling accident or

Term life insurance is “pure” insurance. It offers protection only for a specific period of time. If you die within the time period defined in

Most people are familiar with whole life insurance. For many years, whole life policies were the predominant type of life insurance sold in America. When

Universal life insurance was developed in the late 1970s to overcome some of the disadvantages associated with term and whole life insurance. As with other

The insurance industry has introduced different types of insurance to meet consumer needs. For example, universal life insurance was created to provide a solution for

There are four main types of auto insurance are available: liability, uninsured or underinsured motorist, collision and comprehensive, and personal injury. Most states require drivers

When it is time to make an insurance claim, the more prepared you are, the more smoothly it will go. Be familiar not only with

Understanding the threat of estate taxes on your life insurance proceeds is the first step in protecting these funds from unnecessary taxation. The next steps

Long ago, people realized that there is strength in numbers. For hundreds of years, we have been joining forces against all kinds of calamities —

Since your home is one of your greatest assets, you should make sure it is adequately protected. That’s where homeowners insurance enters the picture. Homeowners

Although most of us are aware of the need for health insurance coverage when determining our risk management needs, many of us fail to consider

Rising health-care costs have driven the demand for, and the price of, medical insurance sky-high. The availability of group coverage through employment has helped many

In this litigious society, no one is immune from potential lawsuits. Anyone with significant assets might need protection from the devastating effects of a liability

Selecting health insurance is often one of the most important decisions you will make. Health maintenance organizations (HMOs) and preferred provider organizations (PPOs) are types

How do you compare life insurance companies? What features do you examine? What criteria do you use? How do you know what to look for?

In general, Americans are not sufficiently prepared to pay for long-term care. Many of them go through their lives simply hoping that they won’t ever

Medicare is the federal health insurance program for persons age 65 and older as well as certain disabled individuals. In 1965, Medicare was enacted to

One of the best ways to protect against the financial consequences of a primary wage earner’s premature death is life insurance. However, choosing from the