Life Insurance
Should I Lapse or Sell My Life Insurance? What to Know Before You Stop Paying
When premiums become a burden, stopping payments can feel like the cleanest way out. On most policies, though, a lapse can end your coverage without a payout, although the outcome depends on the type of policy and any available cash value. If the policy is still in force, selling it to a third-party buyer may [...]
Read More... from Should I Lapse or Sell My Life Insurance? What to Know Before You Stop Paying