UG Insurance Brokerage Inc Blog
It is one question that needs to be answered, especially by disabled professionals: What happens to your Life Insurance policy if you suffer permanent disability? How does it affect those you leave behind?
With this article, we will try to answer these questions and more. Don't hesitate to continue reading.
Life insurance impacts your life for years to come. Life changes might also have an impact on the kind of life insurance one needs. You also understand that life insurance is indeed a wise practice.
Having life insurance means that you care for your family and don’t want to burden them with your passing financially. Through a comprehensive life insurance policy, you are securing your family’s future finances. This fact becomes more important when you’re considered the breadwinner of the family.
However, do you know that there are other uses of life insurance that you might now know about? Let this article give you a general outlook of the uses of life insurance benefits.
You might have heard claims that being kind makes one happy and healthy. Although the pessimists may be wary of this statement, a scientific review proves how valid this claim is. The review covers 126 research studies that included close to 120,000 participants worldwide. Here are some of the facts researchers found:
The importance of life and the fear of the sudden passing of loved ones has become too relevant now that the world is in the middle of a pandemic. As people die every day, more families are left emotionally and financially unprepared. Know how you can protect your family from this kind of situation when you get life insurance.
When it comes to being unable to function due to illness, an ounce of prevention is worth a pound of cure. Nowadays, remaining safe is essential. Health should be viewed holistically, taking into account both physical and mental well-being.
In 2021, your own home is considered as your workplace or study area and also your place of rest. Since the pandemic went on, working and studying remotely is one solution for minimizing the spread of the virus. This resulted in more frequent burnouts, lack of focus, undistinguished working hours, and so much more. With this, life has gotten uneventful and “boring.”
Change that habit today. Here are some ways to make your life fuller in 2021:
Life insurance is vital to have. This type of insurance helps protect and safeguard your family and will allow you to leave behind a non-taxable amount of money at the time of your death. Life insurance could also be used to cover personal loans like your car loan and even your mortgage.
Your life insurance will still be active even after you retire from work and you are not insured by your company any longer. This type of insurance will become a replacement for your family's income when your resources become less so you can maintain your quality of life.
2020 has been a tough year. Given this, everyone’s 2021 resolutions may be different from other year’s resolutions. Sure, losing weight is one of them. However, the pandemic will likely bring about changes, especially in one’s financial preparedness.
A change you can make this year is to protect yourself, your loved ones, and your finances through life insurance. Here are three life insurance resolutions you might want to consider for the year ahead.
Being a young adult is different from the life you live as a teenager. There would be challenges that you need to go through, and at times, your parents won't be there to help you out. On this journey as a young adult, you might have difficulty taking steps but do not worry. Although it can be overwhelming, it should be exciting as well.
To help you embark on this journey of young adulthood, here are some things you can do to make your life easier.