Whoever you are and wherever you are, protecting everything and everyone that matters to you should be on top of your to-do list. The most effective way of doing it is to add life insurance to your home insurance (you knew that). Now, it might sound like a long-drawn process, so you put it off for 6 months, and then another 6 months. This can go on till it’s too late.
As if life isn’t hard enough already, it’s even harder for single parents. The seemingly simple idea of managing home and work is a whole different story when it comes to single parents. It can be a stressful, lonely effort – home expenses, bills, kids’ tuition, clothing, mortgage, the list goes on. It’s tough, but you make it work.
If getting your blood work done or any other kind of medical test - for whatever reason – getting life insurance may be tricky. You must’ve heard this before, haven’t you? It’s not entirely true. You may be one of those people who does not need a medical test to buy life insurance. Let me explain.
The number of single women who’re buying homes in America compared to their male counterparts is growing at a remarkable rate. A new report by LendingTree has found that in 50 of the largest metropolitan areas of the United States, single women own more homes than single men do.
As the name suggests, it’s a life insurance policy for a duration of a term and not your entire lifetime. Term insurance lets you buy the policy for a few years and pay a certain sum of money every year till the term ends. If anything unfortunate happens to you during the term, your family will receive the death payout.
Remember the old days? One had to call restaurants and shops to order in food, groceries, and other staples. More serious matters like insurance required you to call various insurance providers and get quotes or receive cold calls out of the blue to purchase insurance from them.
Nobel economist Richard Thaler observed that people are predictably irrational, and do not always make rational decisions, even if they may be good for them. They need a nudge, at the right time, in the right way.