Term life insurance is a popular choice for individuals seeking affordable financial protection for their loved ones. It provides coverage for a specific period—typically 10, 20, or 30 years—offering peace of mind during key life stages, such as raising a family, paying off a mortgage, or securing a business. But what happens when that term ends? Unlike whole life insurance, term life policies do not accumulate cash value and are designed to expire at the end of the agreed-upon period.

If you have a pre-existing health condition, you may assume that getting life insurance is impossible or too expensive. While it’s true that certain medical conditions can affect your policy options and premiums, having a health issue doesn’t mean you have to go without coverage. Many insurance providers offer policies specifically designed for individuals with health concerns, allowing you to secure financial protection for your loved ones. The key is understanding your options and working with an experienced insurance broker who can guide you to the best policy for your situation.

​Many people assume that as they age, Medicare or regular health insurance will cover the costs of long-term care. Unfortunately, that’s not the case. Medicare only provides limited short-term care under specific conditions, and traditional health insurance doesn’t cover ongoing assistance with daily activities like bathing, dressing, or meal preparation. As a result, individuals and families are often left scrambling to figure out how to pay for home health aides, assisted living, or nursing home care when the need arises.