What Is the Risk Associated With Premium Financing?

What Is the Risk Associated With Premium Financing?

Like any other financial investment, there are risks associated with a premium-financing arrangement. One risk alone – or in combination with another – could cause the entire program to fail. This is why it is advised to be aware of them before making a decision.

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The Most Common Types of Life Insurance Fraud

The Most Common Types of Life Insurance Fraud

Life insurance fraud costs the industry hundreds of millions of dollars each year, and it can burden family members with an agonizing set of circumstances. It often involves deceiving family members or business partners, and among those horrors, it translates to higher rates for honest policyholders. In once case, a woman and her husband found that their son had somehow managed to change the ownership names and beneficiary on a life insurance policy. She and…

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What’s the Right Annuity to Build Retirement Income?

What’s the Right Annuity to Build Retirement Income?

Many workers planning for retirement are turning to annuities to ensure a steady flow of income to supplement savings and Social Security benefits. Individuals should examine the different types of annuities and payout options before making a decision.

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