Insurance - Nerdwallet

Insurance

Insurance is a paid contract that guarantees a benefit if something bad happens (e.g. car accident, death, theft, etc).

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Scott W Johnson
Scott W Johnson
Mill Valley, CA
3 recent answers
Eric Jorgensen
Eric Jorgensen
CFP®, ChFEBC
Washington, DC
1 recent answer
All Questions: Insurance
Posted August 24, 2016
Dave Anthony

Dave Anthony

CFP®, RMA

You are still under insured. You should have 4-8 times your income income at a minimum.

Using http://www.sidebysidequotes.com site, You can get a $4 million...

Posted August 19, 2016
Dave Anthony

Dave Anthony

CFP®, RMA

At 48 and 44 it is very difficult to find any mathematical reason to have whole life insurance, especially since you are both young and have time on y...

Posted August 18, 2016

An ILIT is a complex thing.... you'll need a lawyer to set it up and a 3rd party trustee to administer it. Every year you are going to need crummy le...

Posted August 17, 2016

If you are going to look at something like an indexed universal life policy the trick is to keep the death benefit low and max the cash contributions....

Posted August 17, 2016

They are awesome if you prefer extremely complicated financial arrangements that you will likely never understand. They also pay insurance agents ter...

Posted August 15, 2016

There are several life insurance products currently available which will pay LTC benefits if you get into an LTC situation. The payment of the monthl...

Posted August 13, 2016

There is a strategy where you take your IRA/401k and roll it into a life insurance policy. You then borrow from the life insurance policy to pay off ...

Posted August 13, 2016 · New York, NY

Thanks for your question.

You may indeed need gap insurance.

Whenever clients have a lease or a loan on a brand new car, I advise them to consider ...

Posted August 8, 2016

Was this an in-network provider?

If this was an in-network provider you would not be liable and the insurance company should have shown on the expl...

Posted August 5, 2016

I recommend the LIFE+LTC products over an annuity any day of the week.

If you want more info you are welcome to call me at 480-442-5592 or visit my w...

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