Archive for June 2011
We have the right to direct how our final days will be spent should we become terminally ill or are in a coma and on life support equipment.
A living will tells your doctor and other hospital personnel whether or not you want certain medically invasive procedures to be undertaken in the event that you are terminally ill or in a coma and unable to speak for yourself.
A Health Care Proxy is a document which allows you to select a competent adult as your representative to make decisions for you regarding your health care.
Most Attorneys and prepare a living will and a health care proxy for you for a modest fee.
Will you run out of money before you die?
Seniors are now worrying that the stock market will not generate the returns they have been used to getting and that they will not have enough money to enjoy their retirement years.
Annuities have been developed by insurance companies to insure a minimum predictable return on your investment throughout your retirement years.
Mass Mutual now offers a fixed and a variable annuity with a flexible contribution schedule which can be tailored to meet your insurance needs.
What is an annuity? An annuity is an investment contract with the insurance company which will guarantee an investment return on the money you deposit with the insurance company.
You decide what you will invest each month and tell the insurance company when you will want to receive payments or how much you will want to receive per month.
Its that easy. Income taxes are deferred until you actually receive distributions and your money cannot be reached by creditors.
DCF Insurance will be posting news and information regarding the insurance industry. Stay tuned for breaking information