Edward E. Graves, author of “McGill’s Life Insurance” says there are three methods a non-disabled person can employ to make sure their benefits are enough to support their income prior to a disability.Read More
When the purpose is to accumulate cash value quickly, a PUA or paid up additional riders to your policy may be the best way to go.Read More
Chile’s recent earthquake of an 8.2 magnitude and the tsunami that followed was prepared for the disaster with strong building codes as well as elaborate evacuation plans that have saved hundreds of livesRead More
If you’re seeking term life insurance and you would like to get some of the money you paid into the policy back, you might want to consider return of premium life insurance.
Term policies require the policyholder to pay regular premiums to keep the policy in force for a designated amount of time, usually 15, 20 or 30 years. If the policyholder dies during the term, their beneficiaries receive the death benefit. Although term insurance is the most straightforward of all insurance plans, if the policyholder doesn’t die and the policy expires, the policyholder would have to renew the policy for another set number of years to be covered, usually at a much higher rate.Read More