Author Archives: Dan Kamen

What You Need to Know About Life Insurance

Life insurance is the answer to one of the most troubling questions we face: “what would your dependents do in case of your untimely demise?” It’s a topic most of us avoid thinking about. But the truth is every one of us needs to put in a lot of thought to the dilemma our families might face after we’re gone! Basically, life insurance is the money paid to your family after you have passed away. Think of it as a savings plan that’ll support your family and cover their routine expenses, college tuition for your kids, mortgage payments and any outstanding home or auto loans you might have.

Choosing life insurance can be tricky – especially if you haven’t purchased it before. There are various types of policies and you need to know several things before you purchase a policy that best fits your needs – “such as how much insurance you need and how much premium can you afford to pay.” Here are a few things you should know before you invest in life insurance. Read More