Tag: life insurance

Eight Things to Consider When Buying Life Insurance

Does a 25-year-old, healthy, male need life insurance? His 30-year-old businessman brother has group life insurance; but is shopping for more insurance because he is raising three young children, his wife doesn’t have a job, and they have a mortgage on their home. What key features should their 65-year-old parents look for when choosing a…


Tips for Buying Life Insurance for the Whole Family

Taking care of your children’s needs means more than merely providing for them on a day-to-day basis. Since no one knows what the future holds, preparing for their daily needs in your absence is essential. You can be ready for the possibility of an accident or death with a life insurance policy to provide for…


Tips for Middle Aged Buyers of Life Insurance

Life insurance protection is necessary at any age. Although the needs will be different in middle age than when younger children are in the house, it is still very important to ensure financial stability. In the event of death, it ensures that life goes as close to normal for those remaining and helps pay the…


HSBC Gets Approval to Buy out China Life Insurance Joint Venture

LONDON—HSBC said on Thursday it had received regulatory approval in China to take full ownership of its life insurance joint venture in the country, as it continues to expand its non-core banking services. HSBC has got clearance from the Shanghai office of the China Banking and Insurance Regulatory Commission to buy the remaining 50 percent…


5 Questions to Ask Before Purchasing Life Insurance

While you can receive a life insurance quote online in just a few minutes, it may be difficult to immediately determine whether the lowest-priced option is the best fit. That’s because life insurance comes in a myriad of forms and at a multitude of prices. To narrow down the options and find what’s right for…


You May Already Have Some

Dear Dave, I started listening to your radio show recently, and I heard you say people should have 10 to 12 times their yearly income in life insurance. I’m single, with no plans to get married. Plus, I don’t have any children. Do I still need a big life insurance policy like that? Kris  …


Insurer AIG to Pay $12 Million Fine for NY Pension Transfers

American International Group (AIG) agreed on Monday to pay a $12 million civil fine to settle charges that it conducted life insurance business in New York without a license. The settlement is the second in a probe by the New York State Department of Financial Services (NYDFS) into an industry in which life insurers take…