According to McGill’s Life Insurance, many insurance companies offer a fifth dividend option which applies the dividend to purchase one-year term insurance in varying amounts equal to the policy cash value, the face amount of the policy or the total premium.
Most insurers, however, have established a customer and practice of sending premium notices to their policy owners.
On April 18, 2008, Helen Golay 78, formerly of Santa Monica, California, and Olga Rutterschmidt 75, formerly of Hollywood, California, … 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.
Once she was able to get back on her feet, she secured a policy for herself immediately to protect her daughter.
The purpose of life insurance is not always used to pay final expenses but it can help to pay off a home, children’s college expenses and be used to take care of your favorite charity.
The Department of Insurance began its investigation of Lee in January 2011 after an audit revealed many of Lee’s policies failed to have any premium payments after the first policy year.
People with Downs syndrome have a life expectancy dramatically approaching that of those without the syndrome.
