When do you need to buy life insurance? Well, if you are a parent, life insurance can protect your family’s future. But what if you don’t have kids? In fact, you may be years away from having a family. And if that's true, you may ask yourself, why you need to you need to buy life insurance at all. It turns out, that getting life insurance when you’re young and healthy is actually a pretty good investment in your future. Think long-term and buy young When surveyed, a whopping 40% of respondents said that they wished they had purchased policies at a younger age. Why? Because buying life insurance young can save you a lot of money over time. You’ll be able keep premiums low as they can be. Premiums increase with age. Premiums can also increase if you experience health issues (often the likelihood of this happening increases as...
Think you know about term life insurance? Did you know that life insurance is often the smarter investment than mortgage insurance? Whether you're buying a new house or renewing the mortgage on your current home, you protecting your biggest investment with insurance is the responsible thing to do. What is mortgage life insurance? Often, as soon as a mortgage is approved, lenders will offer mortgage life insurance on the spot. Mortgage life insurance is a type of insurance policy that protects the policyholders heirs, should the policyholder dies. Its often sold to first-time homeowners who share the cost of the mortgage with a significant other, who could be stuck with a large mortgage if one of them die. Getting insurance for your mortgage makes good sense! It means that your family or significant other would be able to cover mortgage debt even if they lose your income should you pass away. ...
As our COVID summer nears an end, many of us are left in the position of wondering what’s to come this fall. Although many schools are taking on different protocols for socially distant learning, it’s safe to say that won’t be experiencing our usual “back to school” routine. Whether your child will be facing partial or full online schooling this fall, we’ve created a guide to help ease the transition of back to virtual learning from home. Creating a Workspace Creating a workspace that’s optimal for learning is key for minimizing distractions and allow for a healthy separation of school from play. Although we are all dealing with a wide range of home spaces and layouts, there are still small adjustments we can create to make the most out of our given space. Here are our top 3 tips for creating an ideal workspace: Create a separate learning space This...
One of the many ways the pandemic has impacted us is the way in which we perceive our day-to-day lives. In the hopes of strengthening our sense of connectivity during these unprecedented times, we reached out to a few of our very own leaders at Teachers Life and asked them to share their insights on how COVID-19 has impacted them both professionally and personally. These include Kim Woodman, our Director of Underwriting; Cherisse Norman, our CFO and Doug Baker, our President and CEO. A New Work-Life Balance It goes without saying that those who are bringing work into the home may experience some shifts in our personal lives. Including our ability to maintain a healthy work-life balance. However, as Doug, Kim and Cherisse point out, these circumstances provide an opportunity to achieve a healthier balance than ever before. Cherisse shares the benefits of working remotely with children at home as...
