Category: Life Insurance
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Life Insurance: Putting a Price on Peace of Mind | Pennsylvania Benefits Partners
Life insurance provides financial protection for your loved ones when you die. Essentially, in exchange for your premium payments, the insurance company will pay a lump sum known as a death benefit to your beneficiaries after your death. While this money can never replace you, it can help your loved one(s) live the kind of life…
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What to Know About Life Insurance for Diabetics | PA Employee Benefits Advisors
Many people falsely believe that life insurance for diabetics doesn’t exist. In reality, there are quite a few life insurance options for the 34.2 million Americans who have diabetes. While diabetes remains a health challenge for many, it is still very possible to secure good life insurance as a diabetic. Here are some key things to know…
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4 Steps You Can Take to Feel More in Control Now | Pennsylvania Benefits Agency
COVID-19 has upended life as we know it for millions of people around the world. Many of us—including the young and healthy—are seriously contemplating our mortality for the first time. As the parent of a toddler, with a baby on the way, I’m definitely in this camp. It’s deeply unsettling to ponder how this virus…
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A Financial Lifeline You May Have Forgotten About | PA Employee Benefits Firm
So much has happened in the last few days and weeks that I feel like months have passed. Social distancing is now on everyone’s lips. And the goal is noble: flatten “the curve” and prevent more people from getting sick from the Coronavirus. The impact, though, is being felt in so many ways by so…
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No Gym Required for These (Financial) Fitness Tips | PA Benefits Consultants
If you’re like me, your social-media feeds are jammed with headlines about getting “healthy and fit” in the new year. Of course, they’re referring to diet and exercise and common resolutions to drop pounds and work out more often. But it’s just as important to be concerned about your financial fitness—where you can also drop…
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10 Things You Did Not Know About Life Insurance | PA Benefits Consultants
Life insurance blah blah blah. Is that what you hear when someone mentions it as part of your new job’s employee benefits round-up or when you see something about it on TV or social media? Not to worry: we’ve got the low-down on what you need to know. And it’s really not as overwhelming (or…
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Insuring the Times of Your Life | Pennsylvania Benefits Advisors
Preston Newby was a youth minister. He and his wife, Tara, were driving with their son to visit family—excited to announce a new baby on the way. In the keeping with the kind of person Preston was, he stopped to help at the scene of an accident. That’s when he was struck by another car…
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Who Can I Name as a Beneficiary on My Life Insurance Policy? | PA Benefits Team
First off, great job on buying life insurance! You took an important step by protecting the ones you love. Every life insurance policy requires you to name a beneficiary. A life insurance beneficiary is typically the person or people who get the payout on your life insurance policy after you die; it may also be…
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4 Things Life Insurance Is Not | PA Employee Benefits Agency
Are you confused about life insurance? I don’t blame you. When I first started writing about finances more than a decade ago, my understanding of life insurance was limited. I knew about life insurance because it was offered through my employer, and I thought a $50,000 policy was a lot of money. I also recognized…
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Looking Backward to Plan Forward | PA Employee Benefits Firm
As you begin your research into which plan to choose or even how much to contribute to your Health Savings Account (HSA), consider evaluating how you used your health plan last year. Looking backward can actually help you plan forward and make the most of your health care dollars for the coming year.
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