People leave money to charities for many different reasons: generosity; religious beliefs; gratitude; hope for a better future. Whether you're wealthy or of more modest means, charitable giving may be a significant element in your estate plan.
When you first purchased your life insurance policy or other retirement accounts, you likely designated beneficiaries. When was the last time you reviewed the beneficiary designations for your accounts?
No matter where your business is located or your business's size, chances are you occasionally worry about whether the success you're enjoying from your business today will continue once you're no longer involved.
When deciding whether to replace your life insurance policy, consider the advantages of your current policy, compare its benefits to a new policy, and carefully evaluate the consequences of canceling a policy. If uncertain, consult with a financial advisor to determine the best course of action for your existing policy.
Underwriting is the process by which insurance companies assess an applicant's risk factors, request additional information and tests, and make informed decisions to provide fair and affordable coverage.
Permanent life insurance may be able to help provide a sense of financial stability for your family, protection for your business, and even a lasting legacy for the people and organizations that are meaningful to you.