Buy a policy equal to seven times your annual salary

Buy Life Insurance

If you’ve ever been in the market for life insurance, somebody probably recommended to you that you buy a policy equal to seven times your annual salary. This is an old adage bandied about by the insurance industry to – you guessed it – sell more insurance. Let me tell you why this is flawed. Life …

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Basic Life Insurance

Life Insurance

Life Insurance Basics What is life insurance? Life insurance is a contract between a policyholder and an insurance provider. In essence, it says: “If you make all of your insurance payments as agreed upon in our contract, we, the insurance company, promise to pay out a benefit to your loved ones—the beneficiaries—when you die.” That benefit …

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What sort of investment property do you claim? Condo Insurance was good?

Condo Insurance

Proprietor Insurance What sort of investment property do you claim? You may have a few multi-unit buildings. Possibly you reestablished a vintage fourplex in an architecturally significant area — or lease a solitary family house you acquired from an auntie. Whatever your portfolio resembles, Farmers comprehends that private land speculations can accompany novel difficulties — to …

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