Most people do not love buying life insurance. Have you ever heard someone say, “Guess what? I’m so excited – this weekend, my wife and I are going to BUY LIFE INSURANCE. Woooo!”

The #1 reason why buying life insurance is not a popular pastime? It’s complicated. It’s difficult. It’s hard to get “plain English” explanations for what it’s all about. It’s hard to know if you’re getting a good deal and it’s hard to understand the different options and benefits and price points from all the various life insurance companies.

Read the full post on Life insurance is complicated! Who can help me?.

People often think that you only need to buy life insurance if you have kids. After all, a rite of passage for many young married couples is to buy life insurance once they get ready to try getting pregnant for the first time. While it’s true that life insurance is an important way to provide for your children’s future in the event that you don’t live long enough to see it, buying life insurance is almost always a good financial move as part of a couple’s overall financial plan, whether or not that couple has children.

Read the full post on 3 reasons to buy life insurance before having kids.

If you are over the age of 50, you may not be aware that you may be able to sign up for a term life insurance policy. As time progresses, it’s normal to start thinking about the economic prospects of your loved ones. Term life insurance for senior citizens may help to deal with some of these issues.

Life insurance for seniors may help cover costs in the future that your retirement funds may not cover, such as:

Read the full post on Term Life Insurance for Senior Citizens.

• pay off a loan
• cover estate assessments
• have enough money to cover final expenses
• transfer a business

Here at MyInsuranceExpert.com we get a lot of questions from customers who are trying to decide how to choose the right life insurance policy for them. One of the questions we hear fairly often is: “Can a term life insurance policy be cashed in?”

The short answer is No. You may like the long answer better, but put simply, term life insurance does not have a cash value, and so it cannot be “cashed in.”

Read the full post on Can a term life insurance policy be cashed in?.

Lots of people want to know what to do with their life insurance in the event of a divorce. If you have a policy on your life, you might not want that money to go to your ex-spouse (for a variety of reasons). Here are a few considerations for buying life insurance after divorce (or changing your life insurance beneficiaries after divorce):

Read the full post on Life insurance after divorce – do’s and don’ts of naming beneficiaries.

It often makes sense for people to buy life insurance later in life. For example, many people get divorced and re-married in their 50s and 60s. Many people are forming blended families with stepchildren, and/or starting new families at age 40 or later. None of these situations are like the traditional example of a 25-year-old married couple buying life insurance before they have their first baby.

If you are part of a couple that is marrying later in life, or living together and sharing expenses without being married, then it might make sense for you to approach life insurance in a new way.
Here are a few examples of occasions where it makes sense to buy life insurance later in life:

Read the full post on 3 occasions to buy life insurance later in life.

Warren Buffett is one of the world’s greatest investors, and he has a quote about his philosophy of buying investments: “Price is what you pay. Value is what you get.”

This means that a low-priced stock is not always the best value – and a high-priced stock might still have a lot of room to grow.

Just as Warren Buffett takes this “value” approach to buying stocks, you should also think about “what you pay” and “what you get” when it comes to buying life insurance.

We hear all the time from customers who call asking for the cheapest life insurance we can find.

Read the full post on Buying life insurance like Warren Buffett.

Life Insurance is actually pretty simple if you go about it the right way. Devin breaks it down in three simple steps based off his expert opinion.

TRANSCRIPT:

Insurance Insights – Presented by MyInsuranceExpert.com.

Hi; I’m Devin. I’m here to provide you with some expert advice regarding life insurance. Acquiring life insurance doesn’t have to be a long and complicated process. Actually, you can break it down into three simple steps. Let’s talk about step one; determining your needs.

Read the full post on Life Insurance in Three Easy Steps [VIDEO].

Whether you’re married, living together, engaged to be married, or just starting down the blissful path of romance, every couple in a serious relationship knows that personal finances are just another part of building a happy life together.

Once you’re in a committed relationship and you’re sharing rent, a mortgage or other monthly bills, you need to give some thought, along with the happy realities of love, to protecting yourselves from life’s possible disasters.

Read the full post on How much life insurance does a couple need?.

It seems like everywhere you look, someone is trying to get you to buy life insurance – whether it’s online, TV ads, billboards, bus signs, newspaper ads, grocery store coupons or direct mailings, there are many other companies (and individual life insurance sales agents) on the market selling life insurance. With so many other choices out there, why should you trust MyInsuranceExpert.com to help you buy life insurance?

Read the full post on Why use MyInsuranceExpert.com to buy life insurance?.