What you MUST Know About Your Property Insurance

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Nippets of insurance news you can use:

Things your property insurance doesn't cover: In our last conversation about property insurance, we were surprised by the fact that your property insurance doesn't cover everything you might have thought it did. Many victims of Hurricane Katrina received a painful crash course in the subtleties of property insurance. Don't let that happen to you.
People are starting to go abroad to find affordable healthcare:
This might surprise you, but there ACTUALLY ARE real doctors who exist outside the borders of the United States. I am being sarcastic here, but the truth is that the high cost of healthcare has led to many Americans going overseas to get the treatment they need.
Do you really need anything other than Term Life Insurance? Dave Ramsey, a financial expert with whom I do not always agree, argues that you don't need any Life Insurance other than term. The fundamental point he is making is that if you get Term Life (rather than Whole), you are going to save so much money that by the time your Term Life Insurance runs out, the invested proceeds will give you all the financial security you need.

What's the difference between Term and Whole Life Insurance anyway? The statement made above about Dave Ramsey's conclusions makes no sense if you don't take a second to read on the difference between Term and Whole Life Insurance. Take a look at this 2 minute article to understand how they differ.


Dr. Boyce Watkins is a Finance Professor at Syracuse University and author of "Financial Lovemaking 101: Merging Assets with Your Partner in Ways that Feel Good." To have Dr. Boyce commentary delivered to your email, please click here.

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