A great reason to invest in juvenile life insurance is to ensure that your children are covered from the get-go, and as they get older, may be able to take advantage of riders that allow them to expand their coverage at a guaranteed rate without any question about their respective health. People’s health changes, including children’s, and having a policy in place can ensure they’ll have the coverage they need, despite health changes.
If you’ve recently gotten a significant raise or your income has increased steadily since you last bought insurance, check to make sure your insurance coverage is still enough to replace it.
Life insurance blah blah blah. Is that what you hear when someone mentions it as part of your new job’s employee benefits round-up or when you see something about it on TV or social media? Not to worry: we’ve got the low-down on what you need to know. And it’s really not as overwhelming (or underwhelming) as you might think.
Getting married is a big leap. And you may be in the midst of a whole lot of planning—from when and where to have the wedding to whom to invite. But planning the wedding and honeymoon is just the start of your life together. As you start planning your future, don’t forget to put a solid financial base in place. While you may have already talked about joint or separate bank accounts and what gets paid by whom and when, there is probably a piece you haven’t talked about yet.
I think it’s only natural that when people are dating, all the factors that we explored in the survey come into play—from what your partner looks like, to if they make you laugh, to what they do for a living. It’s when things become serious and you’re looking to settle down that you have to start asking some of the tougher questions, questions that may make you feel uncomfortable. For example, does the other person have a lot of debt or other financial obligations?