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Why Buying Life Insurance for Your Parents Can Make Financial Sense

KXLY February 16, 2021 6:00 AM Eric Goldschein Posted: Updated: Getty Images If your parents don’t have an insurance policy or the funds to pay their own way in their later years, you can buy life insurance for your parents yourself, assuming they’re on board and can qualify for coverage. Supporting your aging parents up until and including their death can be a financial burden, and life insurance is one way to potentially recoup some of the money you’ve spent on their care, or ...
United States Bryan Pinney Eric Goldschein Andrew Doerman Why Buying Life Insurance Parents Can Make Financial
Source: kxly.com

Can You Get Life Insurance if You Smoke Marijuana?

Can You Get Life Insurance if You Smoke Marijuana? The short answer: Yes, but you may need to shop around to avoid paying too much Author: By Eric Goldschein Though it’s increasingly legal, marijuana can still raise red flags for life insurance companies. While some insurers don’t mind covering you if you use pot, others will charge you higher rates or deny your application outright. About 22.2 million Americans use marijuana every month, according to the Centers for Disease Control and Pre...
San Diego United States Jeremy Hallett Adam Weinberg Eric Goldschein Chris Abrams

Smoke Weed and Need Life Insurance? Some Companies Are Cool With Marijuana

KXLY January 19, 2021 5:13 PM Eric Goldschein Posted: Updated: Getty Images Though it’s increasingly legal, marijuana can still raise red flags for life insurance companies. While some insurers don’t mind covering you if you use pot, others will charge you higher rates or deny your application outright. About 22.2 million Americans use marijuana every month, according to the Centers for Disease Control and Prevention. It’s now legal for medical use in 36 states and for recreatio...
San Diego United States Jeremy Hallett Adam Weinberg Eric Goldschein Chris Abrams
Source: kxly.com

Why Permanent Life Insurance Isn't Right for Most People

Why Permanent Life Insurance Isn’t Right for Most People NerdWallet 1/11/2021 © Getty Images Term life insurance is more affordable and less complex than permanent life insurance. For people seeking financial security in case of an untimely death, there are two main types of life insurance: term and permanent. The truth is, however, most people don’t need permanent life insurance. You might assume permanent life insurance is the better choice because it never expires, as long as you pa...
United States Eric Goldschein James Hunt Consumer Federation Of America Getty Images Term Barometer Study
Source: msn.com

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