[vc_row full_width=”stretch_row” el_class=”faq-page” css=”.vc_custom_1532947256867{padding-bottom: 90px !important;}”][vc_column][vc_column_text el_class=”title” css=”.vc_custom_1532946427416{margin-bottom: 0px !important;}”]<\/p>\n
Discover you question from underneath or present your inquiry from the submit box.[\/vc_column_text][vc_empty_space height=”30px”][vc_row_inner][vc_column_inner width=”1\/2″][tt_vc_accordion_shortcode][tt_vc_accordion_item_shortcode title=”Can I use life insurance to help me save for retirement?”]You probably know that life insurance pays money to your loved ones after you die. (It\u2019s called a \u201cdeath benefit.\u201d) But some types of life insurance can also give you money to use while youre still alive. They build whats known as \u201ccash value.\u201d One of the possible uses for that money is as retirement savings.[\/tt_vc_accordion_item_shortcode][tt_vc_accordion_item_shortcode title=”Is it less expensive to buy life insurance when Im young?”]Its tempting to put off buying life insurance when youre young, especially if yore just starting out and money is tight. But there are two good reasons to buy life insurance now instead of waiting.[\/tt_vc_accordion_item_shortcode][tt_vc_accordion_item_shortcode title=”Life insurance through your workplace”]Sometimes, when you take a new job, you are offered life insurance through your employer as part of an employee benefits package. If you\u2019re given this chance, it\u2019s often a good idea to accept that coverage. But here are some things to keep in mind.[\/tt_vc_accordion_item_shortcode][tt_vc_accordion_item_shortcode title=”Protecting your loved ones with life insurance”]Losing a loved one to suicide is a tragedy no family should have to face. When this unfortunate event does occur, family members may wonder if they will be able to collect on their loved one\u2019s insurance policy, if such a policy exists. The answer is, it depends.[\/tt_vc_accordion_item_shortcode][tt_vc_accordion_item_shortcode title=”Which Companies do you work with?”]The Auto & Home Program works together with top-rated companies to make auto and home insurance, along with potential discounts, available to credit union members. By asking you a few questions upfront, we can direct you to the right company to help you get the right insurance.[\/tt_vc_accordion_item_shortcode][tt_vc_accordion_item_shortcode title=”Do I have to buy auto and home insurance?”]In most cases, auto owners and homeowners are required to buy some type of insurance, but this can vary depending on your situation. Read on for more details.<\/p>\n
Auto Insurance
\nAlmost every state requires you to buy auto insurance to protect against liability. And if you\u2019re taking out a loan to buy your vehicle, it\u2019s likely the lender will require you to buy an insurance policy to protect its value.<\/p>\n
Home Insurance
\nUnlike auto insurance, it\u2019s possible to own a home without carrying insurance in some cases. However, if you have a mortgage on your home, it\u2019s likely your lender will require you to carry a homeowner\u2019s insurance policy. Also, insurance whether they have a mortgage or not.<\/p>\n
Even if you don\u2019t have a mortgage, it\u2019s a wise choice to protect the value of your home and its contents with a homeowner\u2019s insurance policy. This insurance will also help protect you from liability if someone is injured on your property.[\/tt_vc_accordion_item_shortcode][\/tt_vc_accordion_shortcode][\/vc_column_inner][vc_column_inner width=”1\/2″][tt_vc_accordion_shortcode][tt_vc_accordion_item_shortcode title=”Is life insurance taxable?”]The answer is — it depends. Many people ask about life insurance and taxes. Let\u2019s answer a few of the most common questions asked about taxes and life insurance.[\/tt_vc_accordion_item_shortcode][tt_vc_accordion_item_shortcode title=”Do I need a physical before getting life insurance?”]A life insurance physical is similar to a basic physical exam. Your insurance company should let you know what kinds of tests you will receive before your exam. But there are some types of insurance that do not require a medical examination at all.[\/tt_vc_accordion_item_shortcode][tt_vc_accordion_item_shortcode title=”Do my senior parents need life insurance?”]talking about life insurance with your senior parents is important. The sooner they act, the easier it will probably be to get the coverage they need. Learn how to get the conversation started and help your family plan for their future today.[\/tt_vc_accordion_item_shortcode][tt_vc_accordion_item_shortcode title=”When does a term life insurance policy pay out?”]And how long does it usually take? Typically, term life insurance benefits are paid when a beneficiary files a death claim with the insurance company. Many states allow insurers 30 days to review the claim after receiving a certified copy of the death certificate. Learn more about the process.[\/tt_vc_accordion_item_shortcode][tt_vc_accordion_item_shortcode title=”What will happen when I call?”]A licensed agent at one of the top-rated insurance companies we work with will answer your questions and give you friendly, helpful information\u2014with no sales pressure.<\/p>\n
When you\u2019re ready to get a quote, an agent will ask you some questions and walk you through your options. It\u2019s a good idea to have a copy of your current insurance policy handy to compare coverage and features. That way, it\u2019s easy to see how much you could save if you switched companies.[\/tt_vc_accordion_item_shortcode][\/tt_vc_accordion_shortcode][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” el_class=”faq-request-area sec-pad dark-bg”][vc_column width=”9\/12″][vc_column_text el_class=”title” css=”.vc_custom_1532946622778{margin-bottom: 0px !important;}”]<\/p>\n
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