3 Types of Living Benefits for Life Insurance
Posted: September 7, 2021
3 Types of Living Benefits for Life InsuranceLife insurance is mainly designed to pay out death benefits to beneficiaries. But some life insurance policies also provide living benefits for policyholders. The following are three types of life insurance living benefits. Accelerated Death Benefits Most life insurance policies contain a provision known as Accelerated Death Benefit (ADB). It allows the policyholder to receive a portion of the life insurance money while he or...
5 Tips for Boarding the Bus Safely
Posted: September 7, 2021
5 Tips for Boarding the Bus SafelyWhen the big yellow bus swings around the corner and nears the corner bus stop, it can be an exciting moment for both kids and parents. Every year, school buses carry 25 million children to and from school across the country, according to the American School Bus Council. School buses also boast an impressive safety record: Crashes involving school buses amount to less than one percent of all...
8 Things to Consider When Building Your Business Succession Plan
Posted: September 2, 2021
8 Things to Consider When Building Your Business Succession PlanLong days. Sleepless nights. Laughter and tears. No, we’re not talking about parenthood. We’re talking about owning a business (though some might refer to their business venture as their “baby”). You’ve spent your life building and growing your business, whether you started out on your own or took over the family enterprise. And while you’ve worked hard to get to where you are today, do...
Is Lost or Stolen Jewelry Covered by Homeowners Insurance?
Posted: September 1, 2021
Is Lost or Stolen Jewelry Covered by Homeowners Insurance?Personal jewelry items can be extremely valuable. For example, the average cost of an engagement ring in the U.S. is $7,829, as reported by Brides.com. A strand of South Sea pearls can be worth more than $100,000, as stated by The Pearl Source. If jewelry is lost or damaged because of a covered peril, such as theft, it is covered by homeowners insurance, up to...
Does Your Life Insurance Policy Offer This Surprising Benefit?
Posted: September 1, 2021
Does Your Life Insurance Policy Offer This Surprising Benefit?Just six months after retiring from 32 years on the Richmond, Virginia, Fire Department, Len Archer got a devastating diagnosis from his doctor. He had pancreatic cancer, and he likely had only two to eight months to live. In an instant, Len, 56, and his wife, Paula, went from planning their retirement to preparing for what appeared to be the inevitable. At the urging of...