There are several life insurance companies who have living benefits on their term life insurance policies. These living benefits allow the owner of the policy to accelerate the death benefit in the event of a qualifying illness, such as terminal,…
If you have a permanent life insurance policy the life insurance company will generally mail out an annual statement around the month of your policy date. Unfortunately, most life insurance companies are still set up on archaic systems which makes…
If you are in the market for or have already purchased an Indexed Universal Life insurance policy, it is important to understand how distributions can leave you exposed to a major tax consequence if the policy lapses while you are…
