life insurance policies

It’s open enrollment time for many health insurance plans. And that means you are finding out that premiums, deductibles and co-pays are probably on the rise. In some cases, benefits are shrinking as well. Many new health insurance plans won’t kick in until the new year, though, so that leaves a little more than a [...]

We are inevitably going to be divided into two groups — the people who can’t live without their gadgets, and those who believe that the saturation of gadgets in our everyday lives has simply made things more complicated. However, we can all agree that there is a place in our lives for the gadgets which [...]

It’s Open Enrollment time at most employers, the time when you get to choose your benefits coverage for next year. You will review your chosen options, and make changes to them as needed. It’s important to be familiar with last year’s benefits. You may get a summary, but can use your paystub to see what [...]

Purchasing life insurance can be a little tricky. Insurance sales agents have a bad reputation for trying to get clients to purchase expensive products so that they can enjoy a larger commission check. Although not all insurance sales agents will try to use scare tactics to get you to buy the expensive products, here are [...]

All inheritances are not taxable to the recipients; it’s the estate that must pay taxes, if any are due. In 2009, the amount excluded from any tax due is $3.5 million, and next year, the estate tax is repealed, no tax regardless of the estate size. Unfortunately, the repeal lasts only for 2010, and the [...]

The follow article (Q&A) was provided to me by State Farm. After a careful review, I felt the information was useful and neutral enough to share. Regardless of what insurance company you decide to use, these tips should be equally applicable. Here’s the article:
Based on some research we did at State Farm, we realized that [...]

If you have ever had to make an insurance claim, you know that your premium dollars pay for very important protection. Hopefully, you enjoyed a hassle free claims process. If you did have problems getting your claim paid, you probably considered finding another insurer. Either way, you learned the importance of having an insurance company [...]

This was a rather interesting week for me.  For the first time ever, I had a life insurance agent cursed at me with an F word.  The story started last summer when I tried to purchase a term life insurance policy from this agent.  He helped my parents stop the monthly payments on their whole [...]

This is the 11th issue of the Ask The Expert column by Larry Swedroe. You can see Larry’s full biography and important disclaimer below. If you are interested in having your question answered by Larry, please send me an email via the contact page.
Now, let’s get to the questions and answers (please note that the [...]

What is the FDIC Insurance? The FDIC Insurance, or simply bank insurance, is meant to preserve and promote public confidence in the U.S. financial system by:

Insuring deposits in banks and thrift institutions for at least $250,000;
Identifying, monitoring and addressing risks to the deposit insurance funds; and
Limiting the effect on the economy and the financial system [...]