In the language of life insurance, a beneficiary is the recipient of the proceeds of the policy when the named insured dies. The owner of a life insurance policy has a great deal of flexibility in naming beneficiaries, and generally can name anyone as beneficiary. The most important considerations in naming beneficiaries are making sure the wishes of the policyowner are fulfilled, and that legal complications are avoided.

When was the last time you reviewed your beneficiary designations?

#lifeinsurance #insurancebeneficiary

As the seasons come and go, many of us reach into our closets only to discover our clothes no longer fit or suit our current needs. If this has happened to you, you’re not alone.

Life is constantly changing. Things that may have worked well in the past often need to be “altered” as our lives and circumstances change.

#InsuranceCoverage #FinancialPlanning #LifeInsurance

As we close out World Alzheimer’s Month, it is important to understand the impact of the disease on caring for a loved one.

While caring for someone with Alzheimer’s can be challenging, there are several options available to help you prepare for the level of care involved at various stages of the disease.

#WorldAlzheimersMonth #LongTermCare

Baby boomers’ huge numbers and surprisingly shaky health threaten government old-age benefits. That’s why you need to bolster your own retirement finances more than ever – and pay attention to your insurance needs.

Public policy experts question the sustainability of Social Security, Medicare and Medicaid as the baby boomer tsunami washes up on the shore of eligibility at the rate of roughly 10,000 a day.

#nationalifeinsuranceawarenessmonth #lifeinsurance #socialsecurity #medicare

Given the average cost of a COVID-19 hospitalization in 2020 ran about US$42,200 per patient, will the unvaccinated be asked to bear more of the cost of treatment, in terms of insurance, as well?

This article asks economists Kosali Simon and Sharon Tennyson to explain the rules governing how health and life insurers can discriminate among customers based on vaccination status and other health-related reasons.

#lifeinsurance #insurancepremiums #covid19

Today is National Insurance Awareness Day which makes it the perfect day to consider how your insurance protection has changed over the years and how you can continue to make modifications in the years to come to best support you and your loved ones.

From starting out as a young adult to finding your way through those peak earning years, starting early and keeping informed are key to financial planning.

#NationalInsuranceAwarenessDay #Insurance #FinancialPlanning

Whether your family is growing, or you want to make sure you have the best plan possible for your existing family, determining how much life insurance is enough is an important question.

Conduct a ‘needs analysis’ and ask yourself these 8 questions. Once you have done so, it may be best to reach out to a financial professional for further advice on how to best protect your family’s financial future.

#lifeinsurance #financialplanning #protectyourfamily

Do you have questions about life insurance or perhaps find yourself curious to better understand the value it could bring to your financial planning?

Our first step here at NMII is to listen to you, then design quality coverage at an affordable price to meet your objectives. Reach out today, we are here for you and your family.

#omahalifeinsurance #protectyourfamily

There are many considerations to make when you have a term life insurance policy ready to expire.

This article explains diverse options for those who find themselves wondering which direction to head and others who may be first time buyers of life insurance.

NMII has decades of experience with life insurance to help guide you through this process, reach out today with any questions.

#termlifeinsurance #lifeinsurance