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Article Written By: Lauren Hoeffel If you’ve been researching life insurance, you’ve likely come across term life insurance. It’s often pitched as the most affordable and straightforward option. And for many, it is. But what’s usually not discussed-at least not openly-is when term life insurance might not be the best fit. At Family Security Plan,…
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Article Written By: Lauren Hoeffel Spring cleaning isn’t just for closets and garages. It’s also the perfect time to clean up the financial stuff you don’t look at often… but really should. And at the top of that list? Your insurance. Because here’s the truth: most people buy life insurance, set it, and forget it.…
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Article Written By: Lauren Hoeffel If you work at a credit union, you’ve probably heard some version of this from members: • “I’m doing everything right… Why do I still feel behind?” • “Should I pay off debt first or start investing?” • “Is buying a home even realistic anymore?” • “What should I do…
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Article Written By: Lauren Hoeffel If you’ve ever searched “How does life insurance work?” or “Do I really need life insurance?” you’re in very good company. At The Family Security Plan, we talk to hardworking families every day-parents, caregivers, nurses, teachers, union members, and people balancing real responsibilities. And one thing is always true: most…
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Article Written By: Lauren Hoeffel Have you ever watched someone go through cancer, a heart attack, or a stroke? Even if they survived and recovered you already know the truth: A critical illness doesn’t just affect your health. It affects everything. Your job. Your income. Your savings. Your family. Your stress level. Your ability to…
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Article Written By: Lauren Hoeffel When it comes to life insurance, many people put off purchasing a policy until they’re older, married, or have children. However, buying term life insurance when you’re young can be a smart financial move, providing numerous benefits that can last a lifetime. Lower Premiums The younger you are, the lower…
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Article Written By: Lauren Hoeffel Credit unions exist to improve their members’ financial well-being. Yet when insurance options-such as life, disability, or supplemental health-are introduced, many members still decline. This isn’t because insurance is unnecessary. More often, it’s because important questions and concerns haven’t been fully addressed. At its core, this is an education gap.…
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Article Written By: Lauren Hoeffel Life insurance is often viewed as a necessary expense, providing a death benefit to protect loved ones from financial hardship. However, it can also be a strategic investment and wealth transfer tool, offering benefits beyond its core function. Investment Benefits • Tax-Deferred Growth: Permanent life insurance policies, such as whole…
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Article Written By: Lauren Hoeffel Credit unions are built on relationships. Unlike big banks, you exist because members trust you to put people over profit. But in today’s world, where members can open a new account in minutes, compare rates instantly, and switch institutions with a few taps, loyalty isn’t automatic anymore. And here’s the…
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Article Written By: Lauren Hoeffel Most people know a heart-related emergency is scary. What many don’t expect is how fast the bill can escalate, often before you’ve even had a definitive diagnosis. If you’ve ever wondered, “What would this actually cost me?” you’re asking the right question. Let’s break down the most common real-world costs,…
