The Budget Life Blog - Page #2

November 10th, 2010

With the opportunity to purchase insurance online, as well as a proliferation of insurance agents, it can be difficult to determine which agents are legitimate, and which are out to scam you. Even if you work with an insurance agent with the proper paperwork, it's not always enough to protect you from life insurance scams. [...]

November 2nd, 2010

Life insurance is a great way to make sure your family is provided for in the event of your death, but you need to be careful. There are a number of life insurance scams, as well as insurance agents and companies happy to sell you something you don't need. Here are 10 steps you can [...]

October 28th, 2010

Most people don't think of their jobs as something that could kill them. However, some jobs are more dangerous than others. When you work in certain professions, you could run the risk of death almost every day. The Bureau of Labor Statistics compiles information about the jobs we do, and this includes identifying the most dangerous [...]

October 20th, 2010

One of the claims you hear from insurance salespeople is that life insurance is an investment. Since a whole life policy builds cash, if you live past the age you feel you need life insurance, you can turn it in to the insurance company, or you can get a life settlement, and walk away with [...]

October 14th, 2010

Life insurance is part of good family financial planning—it insures a basic level of income for your family to live on if you should die. However, the amount of life insurance you need isn't always cut and dry. There are numerous rules of thumb, including the famous advice that you should carry 10 times your [...]

October 6th, 2010

You know that a responsible financial plan includes life insurance if you have dependents relying on your income. A life insurance policy is important if you want to protect your family's financial situation in the event of your death. However, before you commit yourself to a policy, consider these 8 pitfalls associated with life insurance: 1. [...]

September 30th, 2010

Image source: Rob Lee One of the best things you can do for your family is to have adequate life insurance so that your loved ones are provided for if you should pass. This is especially important if you have a spouse and/or children that rely on your income. However, in spite of what many life [...]

September 22nd, 2010

Image source: vikk007 When you stop to think about it, it becomes fairly obvious that your various body parts are of vital importance to your livelihood. Think about how you use your body each day as you earn an income. You might need your hands for typing, or you might use your legs as you run [...]

September 16th, 2010

Life insurance is meant to help your survivors cover their costs in the event of your death. If you have dependents, or if you're planning on starting a family, it's probably a good idea to purchase a life insurance policy so that your loved ones are taken care of financially after you pass. When you buy [...]

September 8th, 2010

One of the most tempting things about life insurance scams is the potentially large payout. Being the beneficiary of an insurance policy can men millions of dollars when the insured person died. Unfortunately, life insurance, which is meant to be a protection for the insured's family, can become a tool in the hands of the [...]