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Who to not name for your life insurance beneficiary

Who You Should Never Name as a Life Insurance Beneficiary

May 24, 2023 by Professor B.T. Effer

You should never name your estate, minors, or pets as a beneficiary on a life insurance policy and don’t leave it blank as you run the risk..

Categories Insurance, Personal Finance
Viatical settlements - what are they and do you need one?

What is a Viatical Settlement for Life Insurance?

May 5, 2023May 2, 2023 by Professor B.T. Effer

A Viatical Settlement is when you sell your life insurance policy to an investor for cash when you have a terminal or chronic illness and…

Categories Insurance, Personal Finance
Life insurance payouts are protected from creditors as long as the beneficiary is alive to receive the money

Can Creditors Take Life Insurance Money?

May 13, 2023April 23, 2023 by Professor B.T. Effer

Life insurance proceeds are protected from creditors and pass directly to the named beneficiary generally. Learn how to keep your money safe…

Categories Insurance, Personal Finance
What is group life insurance and should you get it?

What Is Group Life Insurance?

April 4, 2023 by Professor B.T. Effer

You likely qualify for group life insurance though your employer or membership organization and it comes at little to no cost t oo you….

Categories Insurance, Personal Finance
First to die life insurance is a joint life insurance policy that pays out on the first death

First-to-Die Life Insurance: What is it?

April 4, 2023March 25, 2023 by Professor B.T. Effer

First-to-die life insurance is a joint life insurance policy that pays out on the first death of the two named lives. It is purchased by…

Categories Insurance, Personal Finance
What is accelerated underwriting for life insurance and is it right for you?

What is Accelerated Underwriting for Life Insurance?

March 17, 2023 by Professor B.T. Effer

Accelerated underwriting for life insurance is a way to get your policy faster without medical exams and unlike traditional underwriting…

Categories Insurance, Personal Finance
Group Life Insurance versus Individual life insurance

Group Life Insurance Vs. Individual Life Insurance

April 4, 2023March 12, 2023 by Professor B.T. Effer

You get group life insurance through your employer, is it enough? Sadly, it isn’t. Learn the differences between group and individual life…

Categories Insurance, Personal Finance
Your Life insurance needs change throughout your life

How Life Insurance Needs Change Throughout Life

March 12, 2023March 10, 2023 by Professor B.T. Effer

Your life insurance coverage changes throughout your life. Find the 8 common life events that trigger a change in your life insurance needs…

Categories Insurance, Personal Finance
Final expense life insurance offers small face amounts to cover your funeral and other end-of-life costs

What is Final Expense Insurance and do You Need it?

May 6, 2023February 28, 2023 by Professor B.T. Effer

Final expense life insurance is a permanent whole life insurance product with low face amounts to cover your funeral costs and other…

Categories Insurance, Personal Finance
Second-to-die life insurance is a survivorship product that passes wealth on to heirs

Second-To-Die Life Insurance: How does it work?

March 25, 2023February 24, 2023 by Professor B.T. Effer

Second-to-die life insurance is a product that pays out on the death of the second insured and is primarily used for estate planning and..

Categories Insurance, Personal Finance
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