Studies have shown that 80% of us overestimate the cost of insurance (LIMRA, 2015). This is detrimental for two reasons. One, monthly insurance premiums cost less than a coffee for many people. And two, insurance is one of the best investments you can make. Here’s why: 1. Term Insurance is for financial obligations that have […]
The concepts behind money and insurance have been around a very long time. Bartering was the first system of trade. I’ll give you an axe if you help me hunt a mastodon. Some time in the distant past, our ancestors started using various objects as currency — things like salt, beads and shells. The point […]
You know you need to buy insurance, but you may not know exactly why. There are the obvious reasons — such as protecting your family financially — and some that you may not have considered. Here we show you the top 5 reasons for buying term life insurance. First, the definition. Term Life insurance is […]
Do you know what insurance is? Or why we need it? Sometimes, going back to basics can clear up any gaps in knowledge or misunderstanding you may not know you have. To help you understand this important financial tool, is the Dummies Guide to Insurance: What is insurance? Simply put, insurance is a contract (also […]
