Life Insurance Blog — Palmwood Insurance | Expert Articles & Guides
Expert Insights

Palmwood Insurance Blog

Expert insights on life insurance, financial planning, and protection strategies from our team of licensed advisors. Updated weekly.

Life Insurance 101

How Much Life Insurance Do I Actually Need?

The simple income-multiplier rule, plus a more precise 5-factor formula for calculating your ideal coverage amount.

Life Insurance 101

Term vs. Whole Life: Which Is Right for You?

A clear, unbiased comparison with real cost examples showing exactly when each type makes sense.

Buying Guides

No-Exam Life Insurance: Is It Worth It?

How accelerated underwriting works, who qualifies, and whether you pay more for the convenience.

Life Events

New Parent? Here Is Your Insurance Checklist

The 7 steps every new parent should complete within 90 days of their child being born.

Buying Guides

SGLI to VGLI: A Step-by-Step Transition Guide

Critical deadlines, cost comparisons, and when private coverage beats VGLI for veterans.

Life Insurance 101

The Complete Guide to Final Expense Insurance

Everything seniors need to know about covering end-of-life costs affordably.

Buying Guides

Key Person Insurance: Protecting Your Business

How to calculate needs, structure ownership, and understand the tax treatment.

Financial Planning

The 2026 Estate Tax Sunset: What It Means

The exemption drops by half. Here is what HNW families need to do now.

Life Events

Why Millennials Are Buying Life Insurance in Record Numbers

The pandemic-driven shift, student loan protection, and locking in rates while young.

Financial Planning

ILIT Explained: The Estate Planner Secret Weapon

How irrevocable life insurance trusts remove millions from your taxable estate.

Industry News

Medicare Does NOT Cover Funeral Costs (And What Does)

Addressing the most common misconception about senior coverage.

Life Events

Getting Married? 5 Insurance Moves to Make Now

Beneficiary updates, coverage increases, and the financial moves newlyweds overlook.