A Smile Is NOT the Best Insurance Umbrella

Just let a smile be your umbrella,
On a rainy, rainy day
And if your sweetie cries, just tell her,
That a smile will always pay
Whenever skies are gray,
Don’t you worry or fret,
A smile will bring the sunshine,
And you’ll never get wet!
So, let a smile be your umbrella,
On a rainy, rainy day!

When it comes to insuring your family's finances, you may need an umbrella policy. I explain what an umbrella policy does and why you might need one.

Let a Smile Be Your Umbrella” was a popular song written by famed Sammy Fain and lyrics by Irving Kahal and Francis Wheeler. The song was published in 1927 and successful early recordings reached the charts of the day in 1928. Wouldn’t it be really great if just a “smile” would really protect you?

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How to Save on Car Insurance

There are certain things that almost everyone is forced to deal with that will cost you money and auto insurance is one of the big ones. It’s always good to save money when you can, but even better when you save on the big expenses in your budget. Today I’m going to talk about how to save on car insurance so you can keep more money in your wallet while still protecting yourself.

Car insurance is critical to have, but can cost a fortune. Here's how to save on car insurance while still keeping yourself protected.

I haven’t talked about it much over the past five years, but every year I am forced to deal with my own auto insurance by doing my homework to try to save as much as possible on it. I simply hate making the payment for it, but we don’t have much of a choice as to whether to buy it or not since it is required by law in 48 of the 50 states. Only the states of New Hampshire and Virginia are exceptions, but even they have some requirements.* But if skipping on auto insurance sounds like a bargain, it isn’t. It’s time now to revisit car insurance and take a good hard look at the ways to save!

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Are Annuities Good or Bad for Your Retirement?

A lot of financial experts and bloggers don’t recommend annuities or even like to talk about them very much. They are more likely to recommend and want to talk to you about investments in stocks, bonds, and mutual funds for growing your wealth and prepping for retirement. That may leave you to wonder what annuities really are and whether you should you invest in them for your retirement years.

Annuities...good or bad? They have a poor reputation, but there can be good reasons to include the right one in your retirement plans.

I chose to purchase an annuity about 20 years ago (when I was 50) with qualified money I used from a 401(k). Then, about 5 years ago, I took that money and used it to purchase a 5-year deferred annuity that will start paying me beginning in January of 2020. Those payments are guaranteed to me or a beneficiary (my wife who is 20 years my junior) for 20 years, or for my entire life as long as I live (even if I live to be 100 or more). This made good sense for my situation. But, before you decide that an annuity is either a good or bad choice, ask yourself this: Have you taken a really good look at annuities and do they make any sense for you?

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12 Fake Myths People Believe About Car Insurance

There’s no shortage of wrong information out there about car insurance. Unfortunately, making decisions based on car insurance myths can and will complicate your life and cost you money. “Millions of Americans really could use a refresher on what insurance does and does not cover,” says senior analyst Laura Adams of InsuranceQuotes.com. And there aren’t just one or two fake facts out there circulating about car insurance either. There are many and that list seems to grow longer all the time, adding onto itself year after year. So much so, that you may actually fear insuring your auto and make a wrong or stupid decision when you do!

There are lots of car insurance myths that people mistakenly believe, and it could be costing you money. Here are 12 myths and the truth behind them.

Whether you are young or old, rich or poor, or just someplace right in the middle, you probably believe some of these ridiculous fake facts. You might have passed on bad info to someone else, like your kids or your friends. So here are 12 fake facts to rethink and get clear on to save yourself some grief and some money on car insurance next time you purchase it!Continue reading“12 Fake Myths People Believe About Car Insurance”

Perm versus Term Life Insurance – Why You May Need Both!

Usually, the most frequently asked question when people consider life insurance is, “what’s the price?” That question can’t easily be answered simply since there are just so many variables involved such as age, health, face value, and the type of the insurance which then results in widely differing premiums. That’s a good reason to first ask this question: “which kind of insurance is best for me, perm or term?”

In the perm versus term life insurance debate, most experts will tell you to buy term. But there are reasons you may need both.

The Perm versus Term Life Insurance Dilemma

When you are looking for a low price, quite often term policies are most attractive and most purchased. You may be assuming when purchasing that policy that you will never have to purchase another insurance policy again. That’s not necessarily a good assumption.Continue reading“Perm versus Term Life Insurance – Why You May Need Both!”

The Absolute Best and Worst Types of Life Insurance

For today’s guest post on types of life insurance, please welcome insurance agent and fellow blogger Chris Huntley.

When it comes to life insurance, getting the wrong policy can be like flushing money down the toilet. On the flip side, getting the right one can adequately protect your loved ones without breaking the bank.

If you ask most life insurance agents which type is best, the answer is no surprise.

…it’s the one that offers the biggest commissions.

It's critical to get the right types of life insurance so you don't waste money, but you're still protected. Here are the best & worst types to choose from.

It’s not your responsibility to pad their pocketbook, though, so read on to learn which types of life insurance you should consider and which you should avoid.

The two best types of life insurance

The whole point of life insurance should be to provide for your loved ones financially if you pass away without being a big financial burden now.Continue reading“The Absolute Best and Worst Types of Life Insurance”

Fire Safety & Insurance: Are You Really Protected?

Sunday evening around 9:30 pm, my wife and I were sitting in our living room watching a movie when we heard the sounds of a fire engine racing nearby and saw the flashing lights outside of our window. At first we didn’t pay too much attention to it, but a minute later a second, third, and more engines started to turn in across the street in our condo complex along with several police cars and ambulances. Before you could say holy sh*t, we realized that someone’s condo was in the middle of a serious blaze. It was a complete shocker and very scary.

If you haven't reviewed your fire safety and insurance lately, you may be surprised to learn that you aren't protected as completely as you thought.

Fires can happen, we all know that!

Living in a condo where over 400 units are so close together makes the thought of a fire even more dramatic. A fire in one home easily spreads quickly and can engulf an entire block of homes in a short period of time. Even if you live in a single family home on a plain somewhere in Montana, a fire can happen and kill someone or ruin your home and life.Continue reading“Fire Safety & Insurance: Are You Really Protected?”

Why Your Insurance Company Isn’t Always Your Friend

Insurance and insurance companies in the United States today are a major topic of conversation. In healthcare, for example, you literally cannot escape the debate on whether the Affordable Care Act (Obamacare) should remain as is, be fixed, or be repealed and replaced. Millions of Americans could lose their coverage or simply won’t be able to afford it unless something is done about our healthcare system. That whole topic of insurance problems is very, very painful. But that isn’t exactly what this post is about.

Insurance can literally save you and your finances, but there are also serious insurance problems you may deal with along the way. Here's what can happen.

Today’s post is about how your insurance policies and the coverages you pay for are managed that can be even more painful than any illness, injury, or accident. That goes for health, auto, homeowners, and even your life insurance. Here’s why.Continue reading“Why Your Insurance Company Isn’t Always Your Friend”