Is it true that your age or wealth meter is what determines a person’s retirement age? Popular belief depicts that the closer you are to 60, retirement is on the horizon. Alternatively, many assume that if you are wealthy you are better set to retire even as early as 40. As a business entity, wouldn’t
In today’s dynamic job market, each employer aims at hiring and retaining the best employees. With today’s workforce, it is almost impossible to provide one package for all benefits, even in the voluntary arena. According to a recent study by PwC 2018 Employee Financial Wellness Survey, only 60% of employees think that their employer benefits
Cryptocurrency and bitcoin technology are continually gaining widespread popularity globally. They are used as a method of payment, investment or as means of raising corporate capital, and it seems they are here to stay. As such, this market is attracting numerous players from other industries including the insurance industry. Essentially, cryptocurrency is considered to be
While many of us would not dream of skipping our annual physical exam, many more are not so diligent when it comes to their financial well-being. While nothing is more important than our physical health, it is vital to keep tabs on our fiscal health as well. It is just as important to schedule an
What is Term Life Insurance? Term life insurance is insurance that pays a specified amount upon the death of the insured. By its nature, a term life insurance policy is temporary. Term life policies are written to provide coverage for a specified number of years, usually from 1 year to 20 years. When term life
Many smokers have the mistaken belief that they can’t carry life insurance because no company would approve their application. While smokers can expect to pay more for a life insurance policy, not every company will deny an application outright. From the insurance company’s perspective, smoking is a lifestyle choice and is no different from someone
Fewer than two thirds of adults have a life insurance policy. Are you among those who think you don’t need one? Think again! There are some very important benefits of life insurance, particularly if you have dependents such as children or you hold any assets with mortgage debts. The main reason people take out a
When most people hear the word “cholesterol”, they automatically assume the worst. Everyone has both good (HDL) and bad (LDL) cholesterol, so this is not necessarily true. However, people who have an HDL reading lower than 40 mg/dL or an HDL reading greater than 160 mg/dL have a higher risk of having a heart attack or stroke
The idea behind life insurance is a pretty simple one. Life insurance provides protection for your family members and other dependents in the event of your death. It is payable upon death, and the money can help a surviving spouse and minor children pay the bills and move on with their lives. The amount of life
Having a life insurance policy is a smart and responsible way to ensure that employees’ loved ones are taken care of in the event of death. Unfortunately, sometimes an organization can be taken advantage of by scammers selling fraudulent policies. When trying to compare rates and policies, many business managers and human resource professionals turn to
