February 13, 2020

What is Medicaid Spend Down and How Does it Work?

Medicaid spend down is a financial strategy used to qualify for Medicaid nursing home coverage. In short, "spending down" involves reducing one's income or assets to the point of eligibility. Medicaid law allows you to do so under some complex guidelines. You would typically pursue a spend down on b...
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February 13, 2020

Cash Value Life Insurance: Part Insurance, Part Investment

Try calling up your auto insurance provider and asking for a loan. You'll likely get a big chuckle in response. That's because your car -- and home and health -- insurers are only in the business of paying on claims. Cash value life insurance, on the other hand, allows you as policyholder to benefit...
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January 6, 2020

What are the Living Benefits of Life Insurance?

Most people think the benefits of life insurance only occur after someone passes away, but many policies also carry benefits that can be utilized throughout the policyholder’s life. In fact, your policy may include cash options you aren’t aware of that can provide financial assistance or relief....
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May 16, 2018

Viatical Settlements vs. Life Settlements ,

There are instances when people choose to opt for life settlements; there are two main reasons behind this choice. They include: people no longer wanting a life insurance policy, or they can no longer afford the policy. This article provides answers to questions like, “what is a viatical settlemen...
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