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Insurance discussion and general information

How to buy Life Insurance

 The following posts are appearing courtesy of The Finance Buff .  I read many finance blogs and TFB has written some good basic information on life insurance and how to go about purchasing it.  Many people tend to over-complicate life insurance to the point that they don’t get any.  These post will hopefully add some clarity […]

Store your Life Insurance Records

How should I organize and store my life insurance records?

The last thing you want to happen after you die is for your beneficiaries to be unable to locate and submit a claim on your life insurance. To prevent this, you should have copies of your life insurance records in at least two places. This is […]

Disappearing Permanent Life

By Aaron C. Pinkston
I recently had to inform someone that his policy would most likely disappear in 12 to 24 years.  This is a permanent life policy that he took out in 1995 from a very well respected insurance company.  He has been faithfully paying the original planned premium on time every month since then.  […]

The Life Insurance Surprise

By Aaron C. Pinkston
 Surprise Life Insurance
What type of insurance is Surprise Life Insurance?  It’s when you have life insurance but you don’t know enough about it. 
Something I commonly hear is ‘I’ve had this life insurance policy for a long time.  I’m sure it’s fine.’  In fact what usually happens is that after a period of […]

Life insurance and Tobacco

By  Aaron C. Pinkston  
I was recently talking with a  financial planner friend of mine who is frugal, but still enjoys the finer things in life.  He bought a used, foreign sports sedan.  He takes his lunch to work most days, but enjoys a good dinner out.  He also smokes cigars, but doesn’t think he should […]

Insurance as a Financial Tool

An introduction is in order as InsuranceYak welcomes a new contributor.  Aaron Pinkston is Director of Insurance for Council Financial, a Cary NC firm that has served their clients for over 20 years.  We at InsuranceYak would like to welcome Aaron and look forward to his contributions.
 Insurance is an easily misunderstood financial tool.  I feel […]

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