Knowing that the damage caused by an earthquake can be devastating, why is it that so few people have earthquake insurance in California? The first and biggest reason is the cost of coverage. The second reason is the perceived notion that while “the big one” will happen someday, it won’t happen tomorrow and possibly not even in my lifetime.
It’s important to have a basic understanding of the concepts and terms financial professionals you speak with will be using. This can help you make more informed decisions as you move forward in navigating the financial services industry.
As a result of the steep cost of a higher education, finding a way to finance this cost is an increasing challenge for families today. Insurance sales people offer another option: using permanent life insurance to fund college costs. Is this a good strategy?