Term Laddering: What is it and how does it affect your life insurance policy?
When you purchase life insurance, you are purchasing a safety net for your family and loved ones if something happens to you. If something does happen to you, your family members can use your life insurance benefits to cover any financial obligations and/or debts you may have, and meet other ongoing financial needs, particularly if […]
Founder Story: Why I Started Everyday Life
A couple of years ago, I left behind an accomplished and lucrative but ultimately unfulfilling career on Wall Street to pursue work that meant more to me than a big paycheck. I wanted to demonstrate to my kids a broader set of values beyond chasing the next dollar. One immediate consequence was that the incredibly […]
How to protect your family financially
It’s as simple as this: Increase your retirement savings. Experts recommend that saving at least 10% of your income to fund your retirement will set you up financially to ensure your family is protected. What doesnt get enough attention, however, is the value your retirement savings have toward your life insurance. The concept is simple […]
Life Insurance Basics: What type should you buy?
Life insurance can be a daunting and complicated process but in reality, it’s incredibly simple. For basic family protection, the only kind of life insurance you need is term insurance. But there are so many options out there?! Salespeople are offering other permanent products such as whole life, universal life, variable universal life? We get it – […]
Life Insurance Basics: Do you need it?
We’re all about helping people make smarter decisions when it comes to life insurance – that’s the intent behind the creation of Everyday Life. So when it comes to the question of whether you need life insurance or not – the answer is – maybe – because it really does come down to your personal […]
What’s wrong with traditional life insurance?
People aren’t buying it anymore, and that is a scary fact. So we set out to find out why, and how we can fix it. Here are a few very interesting statistics, as noted by Peter Orszag in his piece for Bloomberg View: So why are people no longer purchasing life insurance? No one is really sure why. Theories abound, […]
