Category: Life Insurance

How Long Does Term Life Insurance Last?

Posted: March 28, 2024

Here’s an obvious statement: day-to-day living costs add up fast. That’s why life insurance is so important. It allows you to protect your loved ones when you’re gone.Think of the impact of losing not only your income but all the other contributions you make to the family.Could they cover the mortgage or monthly bills without you?Do you have enough saved to pay for funeral expenses?What...

Is Life Insurance Taxable?

Posted: March 6, 2024

Life insurance is a great way to ensure financial security for your loved ones. However, one question that often arises is whether or not life insurance proceeds are taxable. In general, life insurance proceeds are not taxable, but there are some exceptions to the rule, so let’s explore how different types of policies may be treated for tax purposes. When Is Life Insurance Not Taxable?The...

Protecting Your Family with ERIExpress Life

Posted: January 4, 2024

You’ve covered the electrical outlets, read the reviews for every crib, and learned more about car safety ratings than you ever wanted to know. We all go to great lengths to protect our families, but what about getting life insurance? With ERIExpress Life, protecting your family’s financial future has never been easier.Keep reading to see why ERIExpress Life could be the perfect fit for your life...

Final Wishes: How Funerals are Evolving

Posted: December 15, 2023

Shortly after a collection of memorial stones caught Adrienne Kloecker-Kalivoda’s eye at a funeral directors convention last fall, the Kloecker Funeral Home and Crematory, Inc. in Erie, Pennsylvania, made an addition to its service offerings.Kloecker, an ERIE commercial Customer, became one of more than 600 funeral homes to partner with Parting Stone, a company that turns cremated remains into polished stones for survivors to remember...

Explainer: What is Long-Term Care Insurance?

Posted: October 13, 2023

It’s not something you want to think about, but most of us will need long-term care at some point in our lives. In fact, according to the U.S. Department of Health and Human Services (HHS), once a person reaches age 65, they have almost a 70% chance of needing some type of long-term care services in their remaining years.1The need for care may develop suddenly...