Skip to main content
Updating results

Value

One of the primary upsides to life insurance is that the payout is made to your beneficiaries tax-free. Since life insurance death benefits can be in the millions of dollars, it’s a significant advantage to buying (and receiving) life insurance. But there are other aspects to life insurance that won’t get past the tax man. […]

MoneyTips

For Valentine's Day, we hope you bought a thoughtful gift for your significant other. It's the thought that counts, of course, but let us give you a tip or two: women like jewelry. And, when it comes to fine jewelry, you should give thought to insurance.

Fortunately, your family's everyday jewelry is probably covered by standard homeowner's or renter's insurance (at current market value less any deductible), assuming you carry such insurance. However, if you have valuable or very sentimental pieces of jewelry, the coverage may be lacking.

How can you tell whether your coverage is adequate? The following steps can help you reach the best decision.

  • Inventory and Appraisal – You cannot figure out if your coverage is sufficient if you do not assess what you have. You need a list of items and their current value for any insurance claim, as well as for a police report in case of theft.

    Create a spreadsheet with each piece l...

Scheduling Personal Property On Your Homeowners or Renters Policy

What is Scheduled Personal Property?

Protect Valuables Before You Need Insurance

  • Updated

MoneyTips

For Valentine's Day, we hope you bought a thoughtful gift for your significant other. It's the thought that counts, of course, but let us give you a tip or two: women like jewelry. And, when it comes to fine jewelry, you should give thought to insurance.

Fortunately, your family's everyday jewelry is probably covered by standard homeowner's or renter's insurance (at current market value less any deductible), assuming you carry such insurance. However, if you have valuable or very sentimental pieces of jewelry, the coverage may be lacking.

How can you tell whether your coverage is adequate? The following steps can help you reach the best decision.

  • Inventory and Appraisal – You cannot figure out if your coverage is sufficient if you do not assess what you have. You need a list of items and their current value for any insurance claim, as well as for a police report in case of theft.

    Create a spreadsheet with each piece l...

Scheduling Personal Property On Your Homeowners or Renters Policy

What is Scheduled Personal Property?

Protect Valuables Before You Need Insurance

Home equity—the current value of your home minus your mortgage balance—matters because it helps you build wealth. When you have equity in your home, it’s a resource you can borrow against to improve your property or pay down other high-interest debts. However, it’s also volatile because home values are always changing, sometimes dramatically. To get […]

Owning life insurance is essential if you have loved ones who count on you for financial support. But it’s not just a matter of having coverage. You need to have the right type and amount for life insurance to truly be effective. Unfortunately, not everyone does. And as life changes, what was once excellent life […]

If you need cash fast and you don’t have the credit needed to get a good personal loan, you might be thinking about alternative lending products. These are things like payday loans, auto title loans and pawnshop loans. None of these products are particularly great, and it’s best to use them as a last resort. […]

Sometimes, the most important part of a conversation is what’s not said. Information can be omitted by accident or on purpose. Asking the right questions can help you uncover this missing information, especially when you’re shopping for life insurance. Here are 6 things that your life insurance agent probably isn’t telling you: No. 1: They […]

  • Updated

The process of purchasing and maintaining a life insurance policy can be confusing. Agents and advisors often sell life insurance based on a policy’s features, such as cash value and perhaps low premium payments. When you purchase a cash value life insurance policy, you’ll receive a projection of the policy’s guaranteed and non-guaranteed features. It’s […]

Get up-to-the-minute news sent straight to your device.

Topics