Clarus Wealth Advisors Market Watch October 21, 2024
Submitted by Clarus Wealth on October 21st, 2024Read about what is working, what is not, and what is next in the current market environment, in this week's Market Watch.
Read about what is working, what is not, and what is next in the current market environment, in this week's Market Watch.
Life insurance is an important, but sometimes overlooked, piece of a financial plan. Read this short, one-page overview on what it is and how it works.
There are two basic types of life insurance coverage—permanent (sometimes referred to as cash value) and term. This article takes a closer look at the short- and long-term benefits of each.
A commonly used analogy to describe the two broad forms of life insurance is: renting vs. owning. Term life insurance is like renting a home. When you stop paying for coverage, your benefits end. On the other hand, with permanent life insurance, you build up cash value (i.e., equity or ownership). This cash value is available to you for a variety of purposes and may even be used to help pay premiums on your policy. Read more below.
Primary vs. Contingent, Per stirpes vs. Per Capita, and Revocable vs. Irrevocable Life Insurance Beneficiaries - read about some of the differences here.
Whether you are just starting your career, in your peak earning years, or enjoying retirement, your insurance protection needs may change over time. Read more here.
What are your options when your Term Life Insurance policy is about to expire? This pdf reviews some possibilities.
Insurance is an important piece of many financial plans – and it should evolve, too. Young adults starting out in life, especially newlyweds, need insurance. But what kind? This short document reviews the basics of insurance and how it may provide security in difficult times.
Has your life insurance kept up with the changes in your life? The attached pdf discusses some questions that policyholders should ask themselves at least once a year.
By looking at your short-term and long-term financial needs, we can help you plan for how much life insurance is "enough" for you and your loved ones. Read a quick overview here.