Supplemental Life Insurance Archive

Life Insurance 101 - Introduction

Mike McHugh

Life insurance is one of the most important, least understood, and frequently neglected aspects of our overall family financial plan. Like anything, the more one understands about a subject, the more comfortable with it they become. The purpose of Life Insurance 101 is to provide you with some basic information about life insurance so that you can feel more confident in providing this important coverage for yourself and your family. [Get Life... more

An Option for Long-Term Care

On the road of life, there may be bumps and detours, but we can plan for them. As we live longer and maintain an active lifestyle, medical challenges may arise and knowing how to manage them is essential. Having a contingency plan that provides a sound financial outcome will guide us through the bumps and detours in our journey. Navy Mutual offers a Long-Term Care option as part of its Permanent ‘Plus’ life insurance policy. PLANNING When ... more

Whole Life Insurance That Grows

LIFE JOURNEY When planning a road trip, consider the distance, fuel costs, meals, etc., and reserve a contingency fund and extra time to allow for unforeseen occurrences, detours, delays, higher fuel costs, etc. Similarly, your life’s path can include a contingency plan for financial security, no matter what happens that cannot be controlled.  PLANNING The financial security that life insurance offers is a benefit to survivors when you di... more

A Life Insurance Policy That Fits

Unlike some clothing, there is no “one-size-fits-all” when purchasing a life insurance policy. Life insurance is more like a seat belt and shoulder strap combination – it is adjustable and is meant to be utilized for your protection. The list of types of life insurance plans is relatively short, and each type and plan has a function and specific purpose. Most commercial life insurance companies are driven by corporate guidelines, whereas Navy... more

Life Insurance: One Size Doesn't Fit All

USAA

Life is full of phases and milestones, and each one could change your coverage. Whether you're starting a new job or retiring, single or just married, deployed by the military or leaving the service, buying a home or having a baby, each transition in your unique circumstances merits a financial re-examination. "The right amount of life insurance will change as your life changes," says June Walbert, a CERTIFIED FINANCIAL PLANNER™ professional... more