Category: Life Insurance

Senior man reviewing finances

How to Use Life Insurance in Your Retirement Planning

While most people associate life insurance with the death benefit used to provide a financial safety net for loved ones, many policies also offer financial benefits that can be used for retirement planning. To help you get the most value out of your policy, we’ll discuss how you can use life insurance in your retirement planning.

Read More »

Guide to Long-Term Care Riders and Alternatives

A long-term care rider is a life insurance feature that helps pay for ongoing, medically necessary care from a home health aide, skilled nursing facility, or nursing home. Any LTC payouts are treated as prepayments against your life insurance policy’s death benefit. 

Read More »
Insurance contract

Guide to Chronic Illness Riders and Alternatives

A chronic illness rider is a feature available on life insurance that funds long-term care costs when you have a permanent or terminal illness. Some chronic illness riders specify the conditions or diseases that are eligible for benefits, but many do not.

Read More »
life insurance loan

Should I Borrow Money from My Life Insurance Policy?

Read on for a walk-through of the mechanics of borrowing from life insurance, including the terms, tax consequences, borrowing limits, and the pros and cons. With that base of knowledge, you’ll be ready to decide if a life insurance loan is right for you.

Read More »