How Life Insurance Can Help You Prepare for Long-Term Care Costs

It is never too soon to start considering and planning for your healthcare needs in retirement. While we all plan to live in our homes independently as long as possible and into our senior years, changes to our health and needs will mean that the majority of Americans will require long-term or nursing home care.

The bad news is that the costs of long-term care are rising faster than Americans can reasonably afford. If you have a loved one that is already in long-term care, you are already aware of how expensive this necessary support is. Read more

How Old Should You Be to Get Life Insurance Coverage?

We would like to start a new dialogue with some straight facts about life insurance coverage. It’s true, that many Americans only start to consider the benefits of life insurance when they are over the age of fifty. But there are many reasons to start thinking about life insurance decades earlier, when it can offer the most benefit, at the lowest cost.

There are many factors that dictate the cost of your life insurance plan, and the older you get, the more prone we all are to health issues and chronic diseases that can significantly increase the monthly premium. Read more

5 Ways Buying a Life Insurance Policy for Your Child Helps Later in Life

If you get upset about the idea of purchasing a life insurance policy for your child, we understand. There are many misconceptions and assumptions about what that really means. Do you expect to benefit from the loss of a child? No. That’s not the intention. In fact, a life insurance policy is purchased FOR the child and not for the surviving parent.

We know the conversation is an uncomfortable one (we’re parents too), so allow us to explain why a life insurance policy is one of the best gifts you can give your child.

There are many instances later in life, that can dramatically increase both the difficulty of getting life insurance coverage, and the monthly premium costs. These circumstances can include a chronic disease like cancer, diabetes and in some tragic cases, a terminal illness. By the time any individual is formally diagnosed with a chronic illness or life-threatening disease, the option of life insurance is often too expensive for most family budgets to navigate.

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How Does Smoking and Tobacco Use Impact Life Insurance Premiums?

Tobacco use is on the decline, thanks to increased transparency and clinical studies that have linked chronic health impairments and cancer to cigarette smoking. If you are currently a smoker, one of the best things you can do to avoid a chronic health concern is to talk today with your primary care provider, about a tobacco cessation plan to help you quit for good.

However, we know how hard it is to quit smoking in spite of all the evidence that demonstrates the significantly increased health risks that tobacco use involves. If you are a currently a smoker, or if you have recently quit, here’s what you need to know about seeking life insurance coverage. Read more

Welcome To Our New Website

We are excited to introduce our new website, and insurance blog. At Bach Insurance Group, we work hard to keep our agents informed about new developments in the life insurance industry, and resources that can help our national agents present the best value insurance products to their clients. We welcome any comments from the public, as well as our contracted agents, to help create a productive dialogue about the importance of life insurance, as an essential financial planning tool.

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