Thursday, August 27, 2020
A Renter’s Guide to Different Types of Apartments
Thursday, August 20, 2020
Check out the best rates we are currently offering!
This is a great time to talk about protecting your hard-earned money from market risk and providing a higher rate than you may be getting from many, if not most, of your savings and investment accounts.
These rates available in most states:
- 2
year – 2.3%
- 3 year – 2.5%
- 4
year – 2.85%
- 5 year - 3.8%
- 7 year – 3.5%
Call me today at 844-741-3684 to take advantage of these great rates!
Doug Myrick | Insurance Policy Centres LLC | 305.741.3684 | www.dougmyrick.com
Monday, August 17, 2020
What Does Life Insurance Help Protect?
While the benefits of life insurance may not be immediately apparent, having a policy can be a great way to help protect your loved ones after you pass away. But what does “protecting” really mean? We’ll help you understand just how important a life insurance policy can be to your loved ones.
What Life Insurance Can Help You Protect
Buying a life insurance policy is a big step toward helping to secure your loved ones’ financial futures. We’ve got a few examples of ways life insurance can protect your loved ones’ financial stability after you’ve passed away to help you understand the main benefit of life insurance.
Funeral costs
Funerals can be expensive, and the last thing anyone wants is to be worrying about money while they’re grieving. While it may sound simple enough to purchase a coffin or cremation service, consider the cost of the burial plot, headstone and the cost of renting the funeral home for the wake. According to the Huffington Post, the average funeral costs around $11,000, so having extra money to cover those expenses can relieve loved ones of a huge financial weight.
Lost income
Life insurance can be a big help if the loss of a loved one also results in the loss of income for your family. Using this money as income replacement can help protect financial stability for your beneficiaries. In fact, when you consider purchasing life insurance, you should take into account how much you earn and how many years of income replacement may be necessary should you pass away.
Your mortgage
Along with lost income comes the sudden need to cover bills without a second earner in the household. If you intend to pass on your home to your loved ones but haven’t paid off the mortgage, a life insurance policy could help them pay for it or cover the costs of selling it after you pass away.
Higher education
If you, your partner or your dependents are currently in school or saving for school, life insurance can help protect those savings or help cover the costs of continuing education. It can even be used to help pay off student loans.
Outstanding debts
If you were to pass away and leave behind debts that are inherited by your next of kin, those debts will need paying. Usually, the only kinds of debt a person can inherit are any they’ve cosigned for, like loans or credit cards, although some states may require them to pay their parents’ medical bills as part of legally required “filial responsibility.” Before passing the debt on, the deceased’s estate is typically liquidated to pay for debt — but that may not be enough to pay it all off. Life insurance can help cover that expense and help prevent loved ones from being burdened by extra debt.
Because your beneficiary can generally use the money they receive from your life insurance policy for any reason, it can be an incredibly helpful windfall that will help financially provide for your loved ones after you’ve passed away. If you’re considering purchasing a life insurance policy, connect with me to get the process started. I can help you understand what the right amount of coverage is for your needs.
Doug Myrick | Insurance Policy Centres LLC | 305.941.3684 | www.dougmyrick.com
Tuesday, August 11, 2020
STREAMING WARS
This
under-the-radar streaming service might be the next big thing
|
There’s a dark horse candidate in the
streaming sweepstakes. Tubi is a free,
ad-supported platform with 23k+ offerings and 25m viewers. It’s especially
popular with millennials and Black and Latino viewers. In June, Tubi streamed 200m hours,
doubling its growth over the past year. It was recently acquired by Fox in a
$440m deal. How’d it get there?
Founder Farhad Massoudi told Fast Company his mission is “super-serving the
underserved.” You won’t find Friends
or original shows on Tubi. Instead, it curates deep cuts aimed at tapping
into millennial nostalgia (shoutout to Heathers, the OG Mean
Girls). Other Tubi gems: Seabiscuit and Teenage
Mutant Ninja Turtles. Tubi also shows off the diversity of its
catalog: It features Black cinema and Spanish-language categories on its main
page, and it created a “United Against Inequality” feature during the Black
Lives Matter protests. --------- Doug Myrick | Insurance Policy Centres LLC | 305.941.3684 | www.dougmyrick.com |