How to Cut Costs for Life Insurance

How to Cut Costs for Life Insurance

Life insurance is critical for your family’s financial security. However, in today’s financial climate, it’s smart to optimise budget expenditures whenever you can. If you want to reduce the amount of money you spend on life insurance, consider the following points.  1 Review your cover level annually. With policies usually increasing annually with the rate of inflation the cover can escalate and as you age the cost of cover increases as well. Therefore the cover and cost of cov […]

Sometimes It’s Okay to Drop Your Insurance

Sometimes It’s Okay to Drop Your Insurance

While many people are underinsured, some of us are carrying more insurance than we need. We may have too much or the wrong kind. There are times when dropping your insurance coverage makes sense. Making unnecessary premium payments is wasteful. Always seek to make the best use of your financial resources. Consider these two situations: 1. Term life insurance. This type of policy was only intended to cover you for a particular need It might be until your youngest g […]

Potential Problems – Caveat Emptor

Like any form of business, hiring an insurance agent could lead to potential problems. When you are looking for an insurance agent you are hoping to find a person who:Works hard to assess your individual insurance requirementsWorks hard to find you the right insurance coverage at the right priceListens to your needs and responds to themCares about getting you the right coverage and protectionHowever, there are bad apples in the insurance agent pile. Some agents are not so interested in he […]

​Interviewing a Potential Insurance Agent

​Interviewing a Potential Insurance Agent

​In our previous articles, we have reviewed 8 Characteristics of an Excellent Insurance Professional  and Strategies for Choosing a Great Insurance Coverage Advisor, Now is the time to interview your potential advisors.Once you have a complete list of potential insurance agents you can move on to interviewing each one. These interviews can be performed in person or over the phone, whichever is most convenient for you. Interviews will allow you to assess the agent&rsqu […]

Do You Have All the Insurance You Need?

Do You Have All the Insurance You Need?

How Prepared Are You For A Rainy Day? A part of your monetary plan ought to include safeguarding your possessions, as well as your assets, as well as your income, loved ones and wellness-associated economic worries. . Unfortunately, there’s no single policy that will give you all the coverage you need.Take inventory of your insurance coverage. Do you have these 5 important policies?Life InsuranceLife insurance protects people who rely on you economically should you pass away unexpe […]

Essential Personal Risk Management Strategies Using Insurance

Essential Personal Risk Management Strategies Using Insurance

When you think of “risk management,” you might conjure up images of investment portfolios or sophisticated business models. What many fail to realize is they are utilizing the same risk management tools and concepts when protecting their own interests and assets. Any insurance policy you currently own is a form of risk management. You are providing the insurance company with monetary compensation, also known as a premium. In exchange, you are transferring the cost of any signifi […]

Adrian Schwarz

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