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Category: Life Insurance

Can I Buy My Parents Life Insurance?

Posted: April 10, 2024

Picture this: You’re sitting down with your parents reviewing their will and other important documents, and you realize they don’t have life insurance.1 For some, this might not be hard to imagine – you may have experienced it already.Life insurance is important for everyone, not just those with families or businesses. That’s because life insurance is for the living and can help protect and provide for...

Quiz: Life Insurance Myths

Posted: March 29, 2024

There are a lot of myths and misconceptions out there about life insurance, and you’ve probably heard most of them. We’ve put together a quick quiz to test your knowledge and help you better understand this important financial product. Give it a shot, and see if you’ve got the straight scoop on life insurance. Let's get started! How Well Do You Know Life Insurance?Question 1:...

How Long Does Term Life Insurance Last?

Posted: March 28, 2024

Here’s an obvious statement: day-to-day living costs add up fast. That’s why life insurance is so important. It allows you to protect your loved ones when you’re gone.Think of the impact of losing not only your income but all the other contributions you make to the family.Could they cover the mortgage or monthly bills without you?Do you have enough saved to pay for funeral expenses?What...

Is Life Insurance Taxable?

Posted: March 6, 2024

Life insurance is a great way to ensure financial security for your loved ones. However, one question that often arises is whether or not life insurance proceeds are taxable. In general, life insurance proceeds are not taxable, but there are some exceptions to the rule, so let’s explore how different types of policies may be treated for tax purposes. When Is Life Insurance Not Taxable?The...

Protecting Your Family with ERIExpress Life

Posted: January 4, 2024

You’ve covered the electrical outlets, read the reviews for every crib, and learned more about car safety ratings than you ever wanted to know. We all go to great lengths to protect our families, but what about getting life insurance? With ERIExpress Life, protecting your family’s financial future has never been easier.Keep reading to see why ERIExpress Life could be the perfect fit for your life...