Category: Insurance Info

Monthly Income? According to a recent survey, most Americans would choose a monthly income of $2,700 a month for life over a lump sum retirement payment of $500,000. While 62% of Americans say they’d opt for a lifelong monthly check, only 32% of participants say their retirement plan offers that option. And of those who…

When you buy life insurance, you enter into a contract with an insurance company that promises to provide your beneficiaries with a certain amount of money upon your death. In return, you make periodic payments, called premiums. The premium amount is based on factors such as your age, gender, medical history, and the dollar amount…