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December 23, 2016
New Mexico’s Legal & Financial Weekly
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Top Tips For Financial Security
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Purchasing life insurance is a way to help you and your loved ones feel more secure. According to a study by LIMRA, a financial services research firm, 80 percent of Americans say life insurance is something most people need for their family’s financial safety—yet only 44 percent own an individually purchased policy.
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While the idea can seem daunting, getting life insurance can be as simple as asking yourself a few questions to become familiar with your options, and reaching out to an insurance agent to learn more.
need to be paid off? There are many questions you can ask yourself to help you determine the right type of life insurance you need. You can start planning by using Bankrate’s life insurance calculator at www.bankrate. com/calculators/retire ment/retirement-calculator.aspx.
What You Can Do Here are five steps to take when thinking about purchasing life insurance:
2. Familiarize yourself with the benefits: Many people don’t realize that for the beneficiary, life insurance is not subject to federal income taxes in most instances. This is one of the many benefits that comes along with this product. 3. Decide how much life insurance you need: How much coverage would your family need if something happened to you today? What debts would
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If you’re like many Americans, you’d like to spend less and save more. According to a Nielsen survey, that was the third most popular New Year’s resolution. Fortunately, it may be simpler than you realize.
1. Determine your need: Does someone depend on you financially? Are you lacking the funds to cover your final expenses? If yes, consider life insurance. A beneficiary can use the money to replace income or pay off debts.
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4. Understand the different types of life insurance: There are three major types of life insurance coverage: term, whole and universal. All types pay a death benefit but each type can vary in terms of coverage length, premium flexibility and other factors. 5. Consider seeking professional guidance: Options are available for nearly any income and asset level, age and risk tolerance. An insurance professional can help you evaluate your life insurance options and costs based on your unique circumstances. Learn More For further information about your life insurance options and to find a nearby insurance agent, visit www.BankersLife.com. -(NAPSI)
Connection Is Essential
here is no doubt that internet access and digital literacy skills are fundamental to success in today’s world. These are essential tools that help kids connect to homework and educational resources, assist parents in their search for better jobs, and allow everyone to be more connected to what’s going on in the world. And, although according to the Census Bureau, three in four American households subscribe to the internet, the rest, including lower-income families, do not—but that’s being remedied.
need help. In July 2016, Comcast and the U.S. Department of Housing and Urban Development (HUD) took a historic step to close the digital divide in America by partnering to expand Internet Essentials to residents living in HUD-assisted homes. That’s an estimated 2 million households that can now benefit from the power of the internet. No one company or government program can fix the digital divide. It’s about working together to make a meaningful impact and bring this essential connection to even more families.
To help bridge the digital divide, Comcast’s Internet Essentials program offers access to low-cost, high-speed internet service, free digital literacy training and affordable options to purchase a computer. In fact, Internet Essentials has helped connect 750,000 families, or 3 million low-income Americans, to the internet.
To qualify for Internet Essentials, a household needs to have at least one child who is eligible for the National School Lunch Program or receive HUD housing assistance. For more information, including a list of eligible communities, or to apply or help others apply for the program, visit https://internetessentials.com/apply or call (855) 846-8376. Para información en Español, llame al (855) 765-6995.
Closing the digital divide takes nothing short of a movement. It takes a focus on meaningful partnerships to connect with the communities that
-(NAPSI)