The answer is yes, Living Benefits are worth it. It gives you and your family financial flexibility when you may need it the most. You utilize the death benefit before death, while you are still alive.
- Vickie Verbos
- IMOR Financial
- Hits: 796
The answer is yes, Living Benefits are worth it. It gives you and your family financial flexibility when you may need it the most. You utilize the death benefit before death, while you are still alive.
Most Americans have been overspending on credit cards for everyday expenses, but when it comes to travel, people seem to be using their savings. This is according to an April 2022 survey by GOBankingRates, in which 62% of respondents indicated they used savings instead of a credit card or other source of funding for their travel expenses. This could be a very smart decision because if you go into debt to just to go on vacation this can lead to long-term financial consequences.
Who has an annuity? Americans with jobs that are risky; race car drivers, firefighters, and police officers take on risks at work, but many will not risk their retirement security.
Chances are if you live long enough, you will most likely experience a disability in your lifetime. You may not have disability insurance because you think a disability will never happen to you, but that fact is, we don’t know this! Disability insurance, also known as “income insurance” is extremely important. When we think about what our biggest asset is, many think of their home, or 401(k) account, but that isn’t the case. Your biggest asset is your lifetime earning potential, and you could find yourself at risk if you become disabled or injured.