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Showing posts with the label Life Insurance

Questions about the non fatal impact of Covid-19

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Start out, practice social distancing, wash your hands and wear a mask when in public . What is your risk of catching it then try this widget from Mathematica ? What is the real death rate for COVID-19 ? Is a tricky question. 1. Death records suggest some are being missed in final counts . 2. About 30% of COVID Deaths may have not been reported. 3..  Now, numerous studies — using a range of methods — estimate that in many countries some 5 to 10 people will die for every 1,000 people with COVID-19. The CDC has a laundry list of conditions that can complicate COVID-19. Chronic Kidney Disease Chronic Obstructive Pulmonary Disease Immunocompromised state (weakened immune system) from solid organ transplant Obesity (body mass index of 30 or higher) Serious heart conditions Sickle cell disease Type 2 diabetes mellitus Asthma (moderate to severe) Cerebrovascular disease Cystic Fibrosis Hypertension or high blood pressure Immunocompromised state from blood or bone m...

Why is Child's life insurance a good idea?

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One of the most important questions to ask.  Why would I insist on a life insurance policy for my child? If you are looking at insurance for just the death benefits, then it can seem cold to consider insuring a child. Most are comfortable with the illusion that kids do not die in America. However, when you take a deeper look at it then you understand how important it is to carry a policy. It's our job as parents to protect and guide our children through the world.  Life insurance is not so much as looking at what happens if they die. It is what happens when they live. Are you setting your child up with a future? Are you working with developing a financial strategy that positions them in a better place than you started? You may have heard about pre-existing conditions. Life insurance operates in a manner that if you develop and illness or condition then you may no longer qualify for an underwritten life insurance policy in the future. This can occur at any ag...