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What You Should Know About Credit Card Blocking

Source: FDIC Consumer News Credit card blocking is like having a slow leak in your spare tire: You are not aware of the problem until you need to do something about it. Credit card blocking…

Mail Fraud

More and more consumers are receiving misleading or downright fraudulent mail promotions. These promotions take several forms. Some examples are:sweepstakes that require you to pay an entry…

Lump Sum vs. “Dollar-cost Averaging”

Since stocks can fluctuate in value constantly, some investors spend time trying to figure out when is the best time to buy or sell. “Dollar-cost averaging” can help reduce risk. You have…

Medicare Program

Medicare is the nation's largest health insurance program. Generally, you are eligible for Medicare if you or your spouse worked for at least ten years in Medicare-covered employment and you…

How to Buy Life Insurance

Source: The American Council of Life Insurers. Web: www.acli.com/public/media/mainframe_med.htm .Types of Life InsuranceFinding an AgentChoosing a PolicyConsider Other ProvisionsResearch the Company…

Types of Life Insurance

TERM LIFE INSURANCE: provides coverage for a specific period of time. Policies can often be renewed at the end of the term, which can last from one to 30 years. Advantages:Lower premiums,…

Finding an Agent

Most people buy policies through an insurance agent. Get the names of several agents from business associates or family members. Find out what companies they represent, what types of policy…

Choosing a Policy

Your agent's role is to find a policy that is right for you. Be prepared to discuss your financial situation, personal goals, family background, and health. You may have to take a physical…

Consider Other Provisions

Riders are additional provisions that can be added to a policy. Riders might include additional benefits for accidental death; suspending premium payments if you become disabled; or…