Mike’s Life Insurance Advice

Life gives us all twists and turns that we have to deal with. Sometimes the two childhood friends lie awake at night and wonder how things might have been if both of their families had invested in life insurance.

The military provides insurance benefits for the injured veterans from the military because they have trouble finding a privte company to cover them with the extra risks. For instance, many veterans are injured if not physically, mentally, by war. They have better ways of dealing with depression and “shell-shock” now than they ever have before, [...]

If we have insurance through our employers, we expect, perhaps naively, that they will always follow through when something happens. That wasn’t the case for Sarwara Faruqu. Her family had to fight tooth and nails to get her life insurance after she died from a 9  month battle with colon cancer. She worked 7 years [...]

That was my reaction when I saw this article in MarketWatch. The article talks about alternative ways to still support the charities you love even in tough economic times. On the list was giving your life insurance to charity if you don’t need it anymore and if it  has a cash value. I thought the [...]