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Latest Posts From LifeCentra Blog
We are happy to share our information and knowledge to assist in growing and securing your financial future. Please use the tabs below to guide you through the topics relevant to your interest.
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4 Special Benefits of Life Insurance that You May Not Know
08 July 2016
The best you can do for your family is provide a safety net in event of premature death or retirement, with an investment in life insurance coverage. However, you can do more with life insurance than you actually think, especially when life hits you hard with unexpected setbacks.
When you are armed with the facts it becomes easier weighing in on the benefits of life insurance. Take for instance the following scenarios where the right policy can help you out:
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Top 8 Situations Where You Should Review Your Life Insurance Policy
04 July 2016
Typically, a life insurance policy is presented as a product that reduces your worries, by keeping your financial security foremost. That’s generally the case, but in some circumstances you need to reexamine your coverage, and make relevant changes as per your evolving needs.
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Your life insurance policy should definitely be re-evaluated in certain situations, like the ones listed below:
1> Your Plan Seems Complex
You may have invested in a life insurance policy without understanding the various charges and benefits, and how they apply to your financial needs. If…The Simple 10-Step Guide to Retiring a Millionaire
29 June 2016
Planning for retirement is something we all do at some point in our lives (or should, anyway), since we’ll need some way to sustain our lifestyle when we can no longer work and earn. Perhaps you already have a small savings fund which might be able to cover the bare basics, but wouldn’t you rather be comfortable than just “making do”?
It seems unrealistic to aim for a million dollars in your retirement fund, but in reality, that’s the very least you will need. If possible, set your goal…
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Top 12 Factors That Affect Your Life Insurance Rates
20 June 2016
Life insurance is a trusted form of investment that helps to safeguard your loved ones financially in case of unfortunate events, but the parameters you need to meet can be rather demanding, from medical examinations to background checks. Like all investments, you reap the best benefits if taken up well in time, when health and age are on your side.
A host of factors help to determine the amount of premium that will be required as payments for the chosen insurance policy, no matter the type. The simple thing…
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6 Top Tips for Buying Annuity in 2016
15 June 2016
Planning for retirement is essential, even if you are incredibly wealthy or a direct descendant of Uncle Scrooge. Retirement planning consists of considering several financial options — annuity being one of them. The kind of annuity you choose and other annuity decisions will either serve you extremely well or extremely poorly.
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Let’s check out 6 tips if you are purchasing an annuity in 2016.
- Consider an Immediate Annuity An immediate annuity is usually a good idea for those who are nearing the age of retirement. You can…