How Dividends in Whole Life Policies Are Calculated Dividends in participating whole life insurance policies are not guaranteed, but rather reflect the insurance company’s financial performance. They are typically determined by a complex formula that considers three main factors

Why Critical Illness Insurance is Essential Critical illness insurance provides a financial safety net when you’re diagnosed with a serious illness covered by your policy, such as cancer, heart attack, or stroke. Unlike disability insurance, which replaces lost income due to an

Here’s how to avoid issues with your insurance: Proactive management of your insurance ensures that when you need it most, it works as intended, providing the protection and peace of mind you expect. Contact us for more information and to schedule ZOOMwithMario insuranc

Your insurance at work might not be enough. Many individuals mistakenly believe that the insurance coverage provided by their employer is sufficient to protect them and their families from life’s unexpected events. However, this assumption can leave significant gaps in coverage

How to Organize Your Insurance Policies Managing your insurance policies effectively is crucial for ensuring you have adequate coverage and that your loved ones can access necessary information when they need it most. Here’s a guide to organizing your insurance: By following these ste

Understanding Life Insurance: A Comprehensive Guide Life insurance is a contract between an individual (the policyholder) and an insurance company. In exchange for regular premium payments, the insurance company promises to pay a sum of money, known as a death benefit, to designated b

The Realtor’s Role in Guiding Clients to Life Insurance Over Mortgage Insurance Realtors are uniquely positioned to offer holistic advice to their clients, extending beyond property transactions to include crucial financial planning aspects. One often-overlooked area where realt

Permanent Life Insurance and Term Life Insurance Life insurance policies are broadly categorized into two main types: Term life insurance and Permanent life insurance. While both provide a financial safety net for your loved ones, they differ significantly in their structure, duration