You may have any number of reasons for wondering “Should I cancel my life insurance?” Maybe: The premiums are too costly to maintain You’d rather put the money towards a retirement plan You simply don’t want or need the policy
Category Archives: Blog
Do You Lose Money if You Cancel a Life Insurance Policy?
How Do You Get Out of a Life Insurance Policy?
When you take out a life insurance policy, it’s often for a good reason. After all, ensuring your loved ones have financial stability in the event of your death is perhaps one of the most critical things you can do
Can I Cancel Whole Life Insurance?
Canceling a life insurance policy can be appealing for many reasons. As you get older, circumstances change. Perhaps your children are now financially independent adults. Maybe you are tightening your budget and need to curb some spending. Or, maybe you
Is It a Good Idea To Cancel Life Insurance? Reasons for Canceling an Insurance Policy
Although everyone’s situation is different, canceling a life Insurance policy—or selling it—is a fairly painless way to help retirees increase their cash flow. Unfortunately, like everything to do with insurance, understanding how to cancel a life insurance policy is a
What is preretirement planning?
Saving and planning for retirement is the most important way to ensure a secure financial future. According to the US Department of Labor, “only half of Americans have calculated how much they need to save for retirement.” Many financial advisors
What Are Good Retirement Questions?
When it comes to retirement planning, asking questions about how retirement will look develops a clearer path to success. It’s easy to get lost in the nuts-and-bolts of planning or to become fearful of missing some crucial step, but having
What Should a Retirement Plan Include?
Understanding how to start a retirement plan can be a difficult and stressful task for most. As an advisor, it’s your mission to address your client’s concerns and educate them on the different components and risks associated with retirement as
What Are 3 Questions You Should Ask Your Financial Advisor?
Financial advisors and clients exchange many questions, especially when advisors are helping clients retire. These questions guide clients to find the best advisor for their needs and help advisors better serve their clients. Among the many general planning and retirement
What Is the Importance of Retirement Planning?
The importance of retirement planning may seem like a no-brainer to most financial advisors. However, the very idea of retirement planning can be anxiety-inducing. In fact, many people are doubtful that they will ever be able to retire. A recent
What Are the Two Questions the Retiree Must Answer Before They Retire?
The two biggest things to consider before retiring for a retiree are: 1. How much money they have 2. How much money they’ll need When a financial advisor is working on helping clients retire, getting into the specifics of these
