When you purchase a life insurance policy, you are buying the core “death benefit”—the lump sum paid to your beneficiaries. However, you can customize your policy with additional features called riders. Think of a rider as an optional, add-on clause that enhances or modifies the original coverage, often for a small extra premium.
One of the most common questions we hear is, “I know I need life insurance, but how much is enough?” You want enough coverage to secure your family’s future, but you don’t want to overpay for protection you don’t need.
Congratulations on your new baby! Amidst the excitement of registering for gear and childproofing the house, one crucial financial step often gets overlooked: securing adequate life insurance. For new parents, life insurance transitions from an optional asset to a non-negotiable debt protection and income replacement tool.
Thinking about end-of-life costs is never easy, but preparing for them is one of the most loving and responsible things you can do for your family.
One of the most common questions people ask is, “How much life insurance do I actually need?”
The answer isn’t a one-size-fits-all number. It depends entirely on your financial obligations, your family’s lifestyle, and the length of time you want the policy to replace your income.
Life insurance often gets a bad rap—it’s seen as expensive, complicated, or only for the ultra-wealthy. But the truth is, if someone depends on you financially, life insurance is an essential piece of your financial puzzle.
From Detroit’s automotive heartland to the growing families around Grand Rapids, Michigan is full of young professionals and families entering their peak earning and spending years. If you’ve just bought a house, had a baby, or taken on major student debt, you need life insurance—and Term Life is likely the most sensible and affordable choice.
When planning for the future, we often focus on leaving a legacy for our loved ones. However, we can sometimes overlook the immediate, practical costs that arise after we pass. A funeral alone can cost $10,000 or more, not to mention leftover medical bills or small debts.
For Americans approaching age 65, the word “Medicare” can be overwhelming. It’s a complex system of different parts, plans, and enrollment periods. As independent brokers, our job is to make this simple.
Understanding the four basic parts of Medicare is the first step to ensuring you have the right healthcare coverage for your retirement.
It’s one of the most common questions we get as brokers: “Why isn’t my dental coverage included in my health insurance plan?”
It’s a logical question. After all, your oral health is a critical part of your overall health. Yet, in the insurance world, they are treated as two separate systems.
