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Blog Tag: universal life insurance

We get it – life insurance can be confusing. With so many different coverage options, it’s often difficult to know what is right for you or fully understand the policy you’ve already purchased. In very broad terms, there are two types of life insurance contracts: 1) term insurance; and 2) permanent insurance policies, such as universal life insurance.

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Janet Yellen, Chair of the Board of Governors of the Federal Reserve System, announced in December 2015, that the board decided to raise rates by .25%. This made headlines across the country because rates have been 0% since December 2008. The committee expects to make gradual increases as the economy continues to improve.

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