Welcome to the new website of Beaty Insurance. Please check it out and let us know what you think.

August 11
What You Need to Know About Life Insurance and Estate Taxes

What You Need to Know About Life Insurance and Estate Taxes

Life insurance is an important financial tool that someone can use to protect his or her loved ones from a financial loss associated with his or her death. Life insurance policies are also commonly used to help cover final costs such as funeral arrangements and related expenses. Finally, life insurance may be used as a way for one generation to help pass on wealth to the next. When the final function of life insurance is in play, there are some key things that you need ...

July 01
Important Factors to Consider When Choosing a Life Insurance Beneficiary

Important Factors to Consider When Choosing a Life Insurance Beneficiary

Most people purchase life insurance with the express purpose of protecting their loved ones from financial hardship in the event of their deaths. For this reason, many people already have a strong inclination about who they will name as their beneficiary before they even purchase their policies. For some people in different life circumstances choosing a beneficiary may be a much more complicated matter. At the same time even people who already have a beneficiary in mind may benefit from a little more reflection before ...

May 05
Whole Life vs. Term Life Insurance

Whole Life vs. Term Life Insurance

When it comes to shopping for life insurance people are generally faced with one primary question that rises above the rest: whole life or term life? Factors such as premium cost and benefit amount are also a major consideration, but these factors are in fact largely influenced by the original whole vs term dilemma. There are also other types of life insurance, but they are for the most part subcategories or variations of these main two types. What Are Whole Life Policies and Term Life ...

April 04
How Insurance Needs to Change Over a Lifetime

How Insurance Needs to Change Over a Lifetime

Most Americans understand that having adequate insurance is a fundamental way for them to protect themselves and their loved ones. Quite often insurance is viewed as something that a person signs up for only once, continuing to pay the premium, and then collects on it in the event of insured damages. While this is certainly a major part of the equation, it does not tell the entire story. Namely, it doesn’t take into account the way a person’s insurance needs change over the course of ...

November 25
What You Need to Know About Handling a Life Insurance Claim After the Death of a Loved One

What You Need to Know About Handling a Life Insurance Claim After the Death of a Loved One

Life insurance is one of the most anxiety inducing types of financial arrangements for many people. It is not uncommon for people to feel unsettled while they are purchasing the policy and setting up a beneficiary; the beneficiary will often feel uncomfortable discussing the policy with the insured. There is a good chance when it comes time for the beneficiary to make the claim he or she will still be grieving and hurt or angry that the claim needs to be filed at all. As ...

October 03
Can My Employer Take Out Life Insurance on Me?

Can My Employer Take Out Life Insurance on Me?

People who have life insurance understand that when they die, their loved ones will receive a cash payment from the insurance company. After all, this is the point of life insurance to begin with, and while the thought of their own demise is unsettling for most people, it is something that they can accept knowing that those they leave behind will be taken care of. However, what may surprise a lot of people is that in some cases life insurance money has been paid out ...

June 27
9 Common Myths About Life Insurance

9 Common Myths About Life Insurance

Life insurance provides a vital function for millions of Americans. It enables people to protect their family and loved ones from financial devastation in the event of their deaths. However, perhaps because life insurance is so important, it is also a topic that people often have very strong opinions and beliefs about. Frequently people are well informed about their life insurance options. Unfortunately though, misinformation is also very prevalent and it can potentially do a great deal of harm. In the brief article that follows ...

June 07
What All Does Life Insurance Typically Cover?

What All Does Life Insurance Typically Cover?

Life has many unexpected twists and turns that can lead to life-threatening events, such as car crashes, natural disasters, and medical illnesses. Experiencing a death can be especially traumatic for families with spouses who actively share the responsibility of taking care of children and earning income. With the expenses of taking care of a death, families may be forced into bankruptcy or lose their homes. Life insurance can help compensate the beneficiaries of the deceased policyholder, saving them from financial doom. Life insurance ...

April 18
What Type Of Life Insurance Is Right For You And Your Family?

What Type Of Life Insurance Is Right For You And Your Family?

Losing a loved one unexpectedly is never easy. It is painful and emotionally devastating. It can also be financially devastating if you are the sole provider for your family. Even if they have other means of income, death can still take a huge financial toll if you are not properly insured. Choosing the right type of life insurance policy can make the difficult months following your death a little easier for those left trying to pick up the pieces and carry on. That ...

November 13
The Different Forms of Life Insurance to Keep You Covered

The Different Forms of Life Insurance to Keep You Covered

Many people get very squeamish when the topic of life insurance comes up. After all most people are simply uncomfortable and saddened by the idea of their own death of the deaths of their loved ones. That is certainly very understandable; however, unfortunately death is an inescapable part of life and pretending it won’t happen isn’t going to do anyone any good. In fact if you are not well prepared with the proper life insurance coverage that you need, then you may end up leaving ...