To keep your life insurance policy active, you need to make payments. But what happens if you miss a payment? Your life insurance policy grace period provides a safety net to prevent it from lapsing after a missed payment, allowing you to temporarily retain coverage so your beneficiaries will still receive a benefit if something

There are a lot of unknown factors that make planning for senior living difficult, such as if you’ll need care and for how long. However, the cost is one of the hardest things to account for given how expensive senior care is today and data that suggests it will continue going up. The current national

A universal life insurance policy can be a valuable tool for retirement planning, as it accumulates cash value over time and can provide a death benefit to help beneficiaries after you pass away. However, things can change over the course of a lifetime and you may find that the policy is unaffordable or no longer

While most people buy life insurance to create a financial safety net for loved ones, your situation may change and there may come a time when you no longer need or want coverage anymore. Surrendering a life insurance policy is one way to get money back from it, as you can get your cash value

Cash value life insurance is any type of policy that features a death benefit and a savings element. Common types of cash value life insurance policies include whole life, universal, variable universal, and indexed universal. Cash value policies are permanent, and accumulate value that you can access during your life to pay for emergencies, cover retirement expenses, or even self-cover

Life insurance is a financial tool to provide for loved ones when you pass away. The death benefit can cover funeral expenses, pay off debt like a mortgage, and provide for living costs of beneficiaries. However, JRC Insurance Group notes that you can be declined for life insurance due to reasons like age, chronic illness, diabetes, a