September 20th, 2017
Because life insurance is personal property, it can be sold just like any other piece of property you would own. Selling your life insurance policy to a third party gives you more cash versus surrendering it to the insurance company, but this value is less than the death benefit amount.
September 6th, 2017
There are three places people lean on for income during retirement. This includes pensions, assets and Social Security. That said, about one-third of Americans currently draw income from pensions and only a little more than half gain income from assets. Taking these stats into consideration means that half of all