Life Insurance
Can You Sell a Term Life Insurance Policy?
Most people buy term life insurance to ensure their loved ones are financially protected in the event of an unexpected death. But what happens when the original reason for coverage no longer exists, or worse: the premiums become unaffordable? You might wonder if you can sell your term life insurance policy and receive some financial [...]
Read More... from Can You Sell a Term Life Insurance Policy?
Life Insurance
What Happens When a Life Insurance Policy Is Surrendered for Its Cash Value?
Surrendering a life insurance policy is a major financial decision that can bring immediate access to cash, but may also come with significant consequences. When you surrender your policy, you give up coverage in exchange for its cash value… but are there better options out there for you? It’s important to understand how the surrender [...]
Read More... from What Happens When a Life Insurance Policy Is Surrendered for Its Cash Value?