Mutually Speaking
Life Insurance Policy Loans
If you are the owner of a permanent life insurance policy, you may be able to borrow funds from your policy’s cash value. Term policies, which provide less expensive life insurance coverage, do not offer cash value or the ability to take policy loans. What is cash value? Cash value is a savings-type element that…
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What Happens to Life Insurance Policies in a Divorce
When you’re divorcing, life insurance policies may not be at the top of your mind,...
Why Self-Insurance Isn’t Always the Right Choice
“Self-insurance” refers to the choice to refrain from purchasing insurance and, instead,...
What Is Conditional Coverage?
When you apply for life insurance, you may be asked to make an initial payment in the...
Life Insurance for New Parents
Every time your family grows, your need for life insurance increases. Each child adds to...
Receiving a Life Insurance Death Benefit
A life insurance death benefit is a sum of money that is paid out to a policy’s...
Reasons You Need Life Insurance for Yourself
If you are an unmarried, childless individual, you may think that you don’t have much...