Home > Tag: Life Insurance
Review Your Policy After These Major Life Changes
Posted: September 22, 2022
Review Your Policy After These Major Life ChangesIf you have life insurance, you are in good shape. However, when major life changes occur, it is time to review your policy and update it to suit your new situation. When to Review Your Life Insurance? Several life events will significantly change your life insurance needs. These include: Getting married: Once you are married, your lives are merged into one, sharing finances and personal...
How to Determine the Right Amount of Coverage Needed
Posted: September 7, 2022
How to Determine the Right Amount of Coverage NeededLife insurance – everyone needs it, but how much coverage do you need? Every individual has a unique situation and choosing the amount of coverage requires calculating specific factors. These include the financial obligations that would be left should you suddenly pass away, including: Income replacement: Your loved ones can be left in a dangerous financial condition without the income you bring to the family....
How A Traffic Ticket Can Affect Your Life Insurance
Posted: August 22, 2022
How A Traffic Ticket Can Affect Your Life InsuranceNo one is perfect, and most people get a traffic ticket at least one in their lifetimes. But the truth is, your driving record can significantly affect your life insurance. If you have a current life insurance policy and you get a speeding ticket, it will not affect your rates. On the other hand, if you are applying for a new policy or additional coverage,...
Can I Lower My Life Insurance Premiums?
Posted: August 8, 2022
Can I Lower My Life Insurance Premiums?A life insurance policy can give you peace of mind knowing that your family will be provided for if anything should happen to you. Unfortunately, many people put off this critical task, in many cases due to concerns about cost. A major factor affecting your premiums is the rating the insurance company assigns you based on an assessment of your health and lifestyle. There are...
3 Key Differences Between Whole Life Insurance & Term Life Insurance
Posted: July 22, 2022
3 Key Differences Between Whole Life Insurance & Term Life InsuranceInsurance can be a confusing subject, and at our local agency, we want to clear up some basic questions for you. Most families put some type of life insurance in place, and figuring out whether they should buy "whole life insurance" or "term insurance" is the big question. These are very different insurance products, each with pros and cons. 1. Term life insurance is cheaper,...
Retire StrongHer
Hello friends,
Did you know that…
- Just 46 percent of wage and salaried women working in the United States participate in a retirement plan.
- Women are more likely to work in part-time jobs that don’t qualify for a retirement plan.
- Working women are more likely than men to interrupt their careers to take care of family members. Therefore, they work fewer years and contribute less toward their retirement, resulting in lower lifetime savings.
- On average, a female retiring at age 65 can expect to live another 21 years, nearly 3 years longer than a man the same age.
Why a podcast?
For the past several years women have enjoyed sharing their business stories, money woes, marriages, and family matters with me. That process has allowed us to learn and grow from one another and we have come to realize that there are a few commonalities for most of us as we get older: Time is not standing still, life is too short, our loved ones are leaving us, our affairs are a mess from not knowing what to do in our younger years, and we are left to pick up the pieces.
But I have good news for you, I’ve been there. I am a wife, a mother, and a business owner. Pair that with my experience in the financial and insurance industries and I have lived, learned and equipped myself with the tools to empower women to have more money and be better prepared for retirement.
The most important bit of information I can share with you is that it is never too late to do SOMETHING! Start NOW and let’s make the best of where we are and where we can be. I’m your girl! I will show you that today can be a good day and help you on the path to a better tomorrow. I want every one of us to come out strong when it comes to retirement. And we can do that if we take some time to talk about it!
Meet me and a few of my special guests this fall as we discuss your overall financial wellness on my podcast. Conversations will span topics on everyday money matters as the woman navigates her life towards achieving wealth, retirement, and leaving a legacy for her family. This podcast is all about meeting you where you are and helping you get back on track. Join me, Devora Ascott Black, on Retire StrongHer… you will be glad you did.