Life insurance policies are always based on the health, age, and demographics of an individual candidate. But it also has to be noted that life insurance premiums can change -- when the health of the person insured changes significantly. Here are some things you need to know about how your relative health impacts your life insurance premiums.
Getting an Initial Evaluation
When you first sign up for a life insurance policy, you'll often be given an initial health evaluation.
Whether you've been working with an investment planner for years or are just starting the process of finding someone to work with, you know how important trust is to the relationship. You want to work with someone who has your best interests in mind. You may have heard the terms 'fiduciary' and 'fiduciary responsibility' bandied about by planners. Here's what you need to know.
What's a Fiduciary?
Recent legislation proposed by the Department of Labor and passed by Congress requires that investment advisors who advise clients on their individual retirement accounts be fiduciaries.
When you get engaged, the next few months of your life can often seem like a blur as you plan for the wedding and reception. While taking the time to pick the proper venue, band, and caterer is important, considering what will happen after the event is over is also important. Many couples do not take the time to go into their marriage with a proper financial plan in place. The guide below walks you through a few ways a financial planner can help you establish a great financial plan to ensure that you and your future spouse can start out on the best financial foot possible.
In these tense economic times, retirement living isn't as simple as collecting a pension and a social security check. In order to sustain an enjoyable and stable lifestyle, you will likely need to rely on a retirement savings. While the task of saving money for retirement can seem overwhelming at first, it is doable with dedication and early planning.
Set A Goal
Saving money without a goal in mind is basically useless.
Private equity funding is a method individual investors use to buy an interest in a company or venture they think will be financially successful in the future. Start-up companies to established non-publically traded companies (meaning the companies stocks aren't listed on a stock exchange like the New York Stock Exchange) that need an injection of funds will often look to private equity investors to find private placement investors when traditional sources of funding, like banks and credit unions, decline to provide financing to them.