Parkway Insurance Group, Inc. Blog: life
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Friday, June 16, 2017When it comes to considering life insurance as an investment, you’ve probably heard the adage, “Buy term and invest the difference.” This advice is based on the idea that term life insurance is the best choice for most individuals because it is the least expensive type of life insurance and leaves money free for other investments. READ MORE >>
Friday, March 3, 2017The mortality rate in Massachusetts declined substantially in the four years after the state enacted a law in 2006 mandating universal health care coverage, providing the model for the Affordable Care Act.
In a study released last week, Harvard School of Public Health professors Benjam... READ MORE >>
Friday, February 24, 2017Policies for children represent a small fraction of the life insurance market, but they made the news this week after a court hearing for a Georgia man accused of killing his young son by leaving him in a hot car. READ MORE >>
Friday, January 13, 2017Health care costs are a big concern for people going into retirement, but the costs of long-term care can still be a shock. Here are a few facts: • 70% of people over 65 will need some form of long-term care at some point. • For married couples, the chance that one spouse will need long-term care rises to 91%. READ MORE >>
Friday, November 25, 2016If you've co-signed big student loans for your child, you may want to buy a life insurance policy while you're at it. While no one wants to imagine the death of their child, taking out insurance on your son or daughter -- or asking them to purchase their own plan -- will protect you from being hit with mountains of debt should tragedy strike. READ MORE >>
Friday, November 4, 2016Financial needs change with change in one's life stage. Whether it's your marriage, children's education or retirement years, you need money to get through the various stages of life comfortably. Life insurance helps you meet these requirements and prepares you for unforeseen expenses. READ MORE >>
Friday, October 14, 2016With Halloween around the corner, children’s thoughts turn to candy and costumes. Their parents and grandparents should be focusing on more macabre matters — like the life insurance policies they bought (or are thinking of buying) to secure the financial future of these little ghosts and goblins if a key provider dies. READ MORE >>
Friday, October 7, 2016Life insurance is supposed to provide peace of mind. But for many, the approval process gives them nothing but nightmares. The cost of life insurance varies depending on an applicant’s health history. According to a recent survey, smokers, on average, pay more than three times for the same policy than non-smokers. READ MORE >>
Friday, September 30, 2016When it comes to life insurance, most buyers simply pick a number for the desired death benefit and go through the motions of the application process. There isn’t much thought as to the amount or type of insurance best fits the bill. Term insurance is the most popular type of life insurance bought in the US today. READ MORE >>
Friday, September 23, 2016Having insurance is a lot like carrying an umbrella with you at all times: Most of the time it feels burdensome, but boy, are you glad to have it when the rain comes. The right insurance policies are key to a healthy financial life. Below, we've explained briefly which those are, plus when you should purchase them. READ MORE >>