Steven Parsley

Long-Term Care Insurance for Seniors

To cover the potential of incurring the high cost of long-term care, many seniors consider purchasing long-term-care insurance. Long-term care insurance (LTC) is not cheap but it can be a lifesaver. A good place to start your research on long-term care in... Read >

Annuities Explained

An annuity is a contract where in exchange for payment an insurance company provides a regular, stream of income to the individual who makes the payment. An annuity is especially attractive to provide retirement income. There are three popular types o... Read >

Structures of Annuities Explained

Annuities were used by the Emperors of Ancient Rome and the Kings of Europe in the Middle Ages to raise revenue primarily to fund conquests and wars. The citizens made one-time payments to the government in exchange for a guaranteed income for life. The g... Read >

Riders for Life Insurance Explained

Riders are additional conditions and benefits you can add to your life insurance policy for a fee to tailor the policy to meet your specific needs. You need to evaluate each rider based on the cost and benefits of the rider in your specific situation. Som... Read >

Common Annuity Riders Explained

Before you finalize an annuity contract you need to understand annuity riders and whether in your unique situation a death benefit rider, living benefit rider or increased payment option makes sense. Death Benefit Rider for Annuities Explained Some ... Read >

Types of Life Insurance Explained

There are many types of life insurance with different features and benefits that meet different needs. Before you purchase a life insurance policy you need a basic understanding of the types of polices available. Term Life Insurance Explained Term l... Read >