Health Insurance in Retirement
When you retire, you will probably focus more on health care than ever before. Staying healthy is your goal, and this can mean more visits to the doctor for preventive tests and routine checkups.
Types of Insurance
Each day, you face a variety of risks–risks to your life, your health, and your property. Although you can’t eliminate many of these risks, you can take steps to guard against resulting financial losses. That’s where insurance comes in. If your coverage is sufficient, insurance can provide financial security to you and your loved ones. Many types of insurance coverage are available–here’s a brief overview of what’s out there.
Choosing an Insurance Provider
The sale of insurance products has undergone enormous change in the past 10 years. Before 1990, the only way to buy property and casualty insurance was through the insurance company’s agent or an independent insurance broker. Gradually, over the last decade, states have allowed banks to enter the arena and sell insurance.
Tax Planning Tips: Life Insurance
Life insurance contracts must meet IRS requirements For federal income tax purposes, an insurance contract cannot be considered a life insurance contract–and qualify for favorable tax treatment–unless it meets state law requirements and satisfies the IRS’s statutory definitions of what is or is not a life insurance policy. The IRS considers the type of policy, […]
Insuring Your Home Business
At-home business owners often make the mistake of assuming that their homeowners policy covers their business equipment. In fact, your homeowners policy may include little or no coverage for your business property and business liability exposure.
Do You Need Travel Insurance?
Soon you’ll be on your way, taking that trip you’ve looked forward to for ages–but suppose something happens. If you get sick, lose your suitcase, or have to cut your trip short, will any of your existing insurance policies cover your expenses or reimburse you for your losses?
Your Questions About Long-Term Care, Answered
“Ask The Experts” iHeartRadio Episode 141: Your Questions About Long-Term Care, Answered IN THIS EPISODE: This week, we answer your questions about Long-Term Care: LISTEN HERE FOR THE ANSWERS: Ready to take the next steps toward your financial goals? Try: NEXT WEEK ON THE SHOW: Did you know that your employee stock options can still vest […]
Why Disability Insurance is So Important
For many Lockheed Martin employees, disability insurance may not be something that is given further consideration past the group policy. However, the longer you ignore it, the less protected you may be against long-term financial risks, due to unexpected illnesses and injuries. Read on to learn more about why you need this important benefit. If […]
Umbrella Insurance: What You Need to Know
As you travel to work each day, your thoughts may not be on the risks of life lurking in the shadows. You may have tried to mitigate the risks through your auto and homeowner’s insurance policies, but what could happen to your nest egg you have worked hard for if you are sued? Will your […]
All About Declaration of Guardian within Estate Planning
Whether you are still a Lockheed Martin employee or have retired, having a Declaration of Guardian as part of your Estate Planning documents is important. Many people think their estate planning documents are complete by having their Will and Power of Attorney in place, but even though a Declaration of Guardian is rarely used, it […]