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Tag: Life Insurance

How Long Does Term Life Insurance Last?

How Long Does Term Life Insurance Last?

Here’s an obvious statement: day-to-day living costs add up fast. That’s why life insurance is so important. It allows you to protect your loved ones when you’re gone.Think of the impact of losing not only your income but all the other contributions you make to the family.Could they cover the mortgage or monthly bills without you?Do you have enough saved to pay for funeral expenses?What...

Is Life Insurance Taxable?

Is Life Insurance Taxable?

Life insurance is a great way to ensure financial security for your loved ones. However, one question that often arises is whether or not life insurance proceeds are taxable. In general, life insurance proceeds are not taxable, but there are some exceptions to the rule, so let’s explore how different types of policies may be treated for tax purposes. When Is Life Insurance Not Taxable?The...

Protecting Your Family with ERIExpress Life

Protecting Your Family with ERIExpress Life

You’ve covered the electrical outlets, read the reviews for every crib, and learned more about car safety ratings than you ever wanted to know. We all go to great lengths to protect our families, but what about getting life insurance? With ERIExpress Life, protecting your family’s financial future has never been easier.Keep reading to see why ERIExpress Life could be the perfect fit for your life...

Final Wishes: How Funerals are Evolving

Final Wishes: How Funerals are Evolving

Shortly after a collection of memorial stones caught Adrienne Kloecker-Kalivoda’s eye at a funeral directors convention last fall, the Kloecker Funeral Home and Crematory, Inc. in Erie, Pennsylvania, made an addition to its service offerings.Kloecker, an ERIE commercial Customer, became one of more than 600 funeral homes to partner with Parting Stone, a company that turns cremated remains into polished stones for survivors to remember...

How often should I update my insurance policies?

How often should I update my insurance policies?

As your life changes, your insurance policies should, too. Whether you’re celebrating a new chapter in your life or navigating significant changes, staying on top of your insurance needs is crucial to ensure you’re adequately protected. Major life events can dictate how often and when you should update your insurance policies, especially after significant life events like marriage, job changes, relocations, or expanding your family....