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...
Life Insurance: A Family Conversation on Financial Security
Posted: September 13, 2023
You care enough about your family to protect their financial security with life insurance. But, as crucial as that coverage is, it’s equally important to make sure your loved ones know what your insurance does for your family and how it works — well in advance of the day it matters most. Everyone should grasp the purpose, function and (most importantly) benefits of their protection.So,...