Affordable Life Insurance Tips

If you have health problems and you've assumed you're uninsurable, changes in life insurance policies should make you take a second look for yourself.

Medical advancements in the treatment of cancer and other formerly life-threatening illnesses have lowered premiums for high risk people and expanded the criteria for who can buy.

Women who have been treated for early stage breast cancer, and men who have had surgery for moderate prostate cancer, are finding lower premiums for life insurance from many companies. As are those who have been successfully treated for heart disease and bladder cancer.

But shop around. The best rates vary from company to company.

So look for an agent who deals with several companies to find the very best rates. Shopping could save you from $100 to $250 a year. And if you keep your insurance for many years, you'll save a bundle.

Don't assume you can't be insured. You know what assuming makes of you.

That covers the basics. But if you're interested in getting more insurance tips, click here now.

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Child Savings Accounts

When opening a savings account for your child, make sure their Social Security number is used as the account's tax identification number. That way, as long as your child is under age 14, interest earned will be taxed at your child's lower tax rate, not at your tax rate. This rule holds true as long as your child earns less than $1,300 a year in interest.

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