Blog of Abrams Insurance in San Diego CA 858-703-6178

The best company to sell your life insurance to

Best Company to Sell your Life Insurance Policy To: A Comprehensive Guide

Selling your life insurance policy for cash can be a strategic move to address immediate financial needs or eliminate ongoing premium payments. Choosing the best company to sell your life insurance policy is crucial for maximizing your payout and protecting your personal information. This comprehensive guide will walk you through everything you need to know…

Single Premium Deferred Annuity Pros and Cons

When planning for retirement, choosing the right type of investment or savings vehicle can feel overwhelming. Amid all the options—401(k)s, IRAs, mutual funds, and more—annuity products often stand out. One type that garners particular interest is the Single Premium Deferred Annuity (SPDA). We’ll explore the single premium deferred annuity pros and cons, helping you determine…

What is an Income Rider on an Annuity? EXPLAINED

Have you ever wondered how to secure a lifetime income stream? One that adapts to your retirement needs? The answer lies in understanding one powerful tool that blends flexibility with financial security: the income rider. This is where annuities come into play. They are financial products designed to provide regular payments during retirement. Within the…

How Does an Indexed Annuity Differ from a Fixed Annuity?

Annuities come up in virtually every retirement planning discussion. The second or third question in the discussion of how a guaranteed stream of income during retirement can figure into a financial plan is: How does an indexed annuity differ from a fixed annuity? The very short version? An indexed annuity (also called a fixed-indexed annuity…

Selling Your Life Insurance Policy? Here’s What You Need to Know

If you’ve thought about selling your life insurance policy for cash, you’re certainly not alone. This process, commonly referred to as a life settlement, attracts many policyholders for several reasons, such as financial hardship, shifts in life circumstances, or the realization that they no longer require coverage. However, prior to making this decision, it’s crucial…

Travel Insurance for Foreigners in the USA – International Major Medical

Travel insurance for foreigners in the USA can keep the trip full of excitement and opportunities rather than stress and uncertainty. It is a critical aspect of international travel that is often overlooked. Financial security and access to healthcare in the event of an emergency protect peace of mind and your assets in one of…

The Best International Travel Health Insurance for US Citizens

International travel health insurance can bring enormous peace of mind when traveling to a foreign country. Knowing that you’ll be taken care of in your destination country through international health insurance means that you won’t need to budget for unexpected medical costs like an emergency room visit or handle an emergency evacuation by yourself. In…

Kidnapping Insurance – Ransom, Extortion for Individuals and Business

Kidnapping insurance (also called kidnap and ransom insurance, K&R insurance, or KR&E coverage) protects people from what can be a very expensive (on top of horrifying) ordeal of kidnapping, extortion, detention, and/or hijacking. In most cases, the insurance reimburses the ransom costs rather than paying them upfront. This article will explore the variations of kidnapping…

Life Insurance for Non-US Citizens – Assurity Foreign Resident Program

Life insurance for non-US citizens has been a challenge for decades. However, as corporations struggle to find qualified employees and hire teams through visa programs, insurance companies are starting to respond to the insurance needs for the financial security of these families. This article will review Assurity’s Foreign Resident Program (eligibility criteria, types of insurance…

Assurity Accident Insurance: Cash for Accidental Injuries

Accidents happen. Insuring against them with a plan like Assurity Accident Insurance helps ease unexpected medical expenses, especially for families with active children. This article dives into the details of Assurity’s new accident policy, including coverage options, benefits, and real-life applications. What is Accident Insurance? Accident insurance layers over your health insurance to cover what…