“Life Quotes wants you to know that there is a whole new crop of life insurance riders in the market that provide cash payouts ahead of death if certain medical events occur,” said LifeQuotes President and CEO Robert Bland, CLU. “These are called ‘Living Benefit Riders’ or ‘Accelerated Benefit’ riders.”Read More
Children and spouses are just one group of dependents that may require cash proceeds from a life insurance policy. Age and direct ties to your family are a couple things to think about if the worst should happen to you.
Distant relatives, ex-in-laws, foster children, and child support for any illegitimate children may also require additional streams of cash, notes Edward Graves, author of “McGill’s Life Insurance.”Read More