Common Life Insurance Policy Riders
Life insurance policy riders are add-ons to a life insurance policy at issue. The best way to think of a rider is they are like an option for your car. For instance, you have a base model car. Then, for an additional cost, you can add options. Options may include an...
What is a Term Life Insurance Conversion?
A term life insurance conversion allows a policy owner to convert their existing term insurance to a permanent life insurance policy. Term life insurance is the most common form of life insurance individuals own. It is useful for providing family protection, buy-sell...
Guidelines for Transferring Business Owned Life Insurance
There are several reasons a business may want to transfer ownership of a corporate-owned life insurance policy to an individual. Perhaps a business owner is selling their company and would like to keep the policy for their individual planning. Maybe it is an employee...
The 4-Step Formula for Choosing the Right Term Life Insurance Policy
In the world of life insurance – term life insurance is the easiest to understand and it is the type of coverage most people need. Term life insurance is designed to provide coverage for a predetermined period of time. You decide how long you want the coverage to last...
