Who Should Own Your Life Insurance Policy? Are you the owner of your policy? The best place to check is your most recent documents sent from your insurance company, you are typically sent an annual policy schedule with this information. It is important to note on your schedule who the insured is, and who the policy owner is. The insured is the person who the…
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What’s The Point Of Insurance & How To Identify A Financial Risk?
Insurance, at its essence, it is transferring your financial risk to a company and paying a regular premium to them for the pleasure. No one likes to pay for insurance that is a give in. It provides peace of mind but feels like vinegar when each premium is deducted. Insurance is necessary, it ensures your home can be rebuilt, your car can be replaced, the…
Financial Windfall Life Lessons
You can view the article below or via NewsHub where the article was originally published [Original Author Priscilla Dickinson]. People who come into money, such as through an inheritance or winning Lotto, are often considered ‘lucky’. But unexpectedly finding themselves in charge of managing a lot of money doesn’t always bring happiness. Along with the prospect of financial freedom, they may also inherit a range of new…