Key Person Insurance

A way for businesses – especially niche businesses – to address a major risk. Who are the people most crucial to your business? Have you taken steps to insure them? At every company, there are certain people who are essential to day-to-day operations. If they die, the business may face an operational or financial crisis. […]

How Medigap Choices Are Changing

Plan F is fading away, and Plan G may become the most selected option. Soon, the most popular Medigap policy will no longer be sold. Seniors will lose the chance to buy Plan F in 2020 as well as the less popular Plan C.1,2 These policies cover Medicare’s Part B deductible, which is currently $183. […]

New California Bill regulates increases to life insurance premiums

Among several laws signed by Governor Jerry Brown on September 2018 is Assembly Bill (AB) 2634, which is intended to protect and assist consumers affected by cost increases in their existing life insurance policies. Current California law requires a carrier to provide notice for premium increases. AB 2634 goes into effect for all policies on […]

Universal Life Insurance, a 1980s Sensation, Has Backfired

A long decline in interest rates caused premiums to soar when they were supposed to stay level Cornerstone Comments: This Wall Street Journal article does an good job describing the earlier adoption of Universal Life Insurance policies, and the negative impact of lower interest rates on these policies over the past decade. However, it does […]

Test Your Smarts on Insurance

How much do you know about insurance? Take this WSJ quiz, courtesy of For many consumers, insurance is a confusing maze of possibilities. There are myriad kinds of policies available, including life, auto, homeowners, health, disability, flood and even pet insurance, that could be appropriate for people, depending on their circumstances and where they […]

What Determines Car Insurance Rates?

Driver history is just one factor; there are many others. Your auto insurance payment is not just based on your driving history. Assorted variables come into play that have nothing to do with your accident record or your experience behind the wheel. Where you live counts. If you reside in a congested big-city neighborhood with […]

Role of tending to family members typically falls to women

“65 percent of older adults rely on family and friends for long-term care needs” As parents reach their golden years, many need their adult children’s help for daily living or for simple tasks like rides to doctor’s appointments and going to the grocery store or more intense care such as dressing, bathing and administering medication. […]

Keep Your Life Insurance When You Retire

Some good reasons to retain it. Do you need a life insurance policy in retirement? One school of thought says no. The kids are grown, and the need to financially insulate the household against the loss of a breadwinner has passed. If you are thinking about dropping your coverage for either or both of those […]