Term Life Insurance Term life insurance is a great, cost-efficient way to protect your loved ones from the worst case scenario. Even though term life insurance won’t give you as many options as permanent life insurance, it is a budget-friendly alternative.  Term life insurance is a promise from the insurance company to pay your beneficiary.. More

Does Your Life Insurance Policy Have a Surrender Charge? If you have a whole life policy, the chances are high that your policy is subjected to a surrender charge or fee if one were to decide to end their policy early but still want to receive some cash value that the policy has accrued. While.. More

Tactics of Universal Life Insurance Companies When researching what Universal or Whole Life Insurance policies would be best for you, many companies deliver claims regarding the effectiveness of Universal Life Insurance products that may seem too good to be true. If you’re getting the sense that your life insurance policy is too good to be.. More

When Was the Last Time You Reviewed Your Policy? Everyone that currently has a Universal Life Insurance contract on themselves could be affected by the ever-changing financial world. Regardless of the quality of the agent who sold the policy to you,  Universal Life Insurance policies have been subjected to a fluctuating economy that may have.. More

Have you reviewed your whole life insurance policy recently? You have to make sure your whole life insurance policy will stand the test of time. Unfortunately, like many things in life your insurance policy is dependent on its environment. In this case, low interest rates have provided insured clients with the difficult decision of whether.. More

If you’re reading this article, you have most likely taken a great first step in protecting yourself and your family – obtaining a life insurance policy.  First off, congratulations on acquiring a life insurance policy to keep your family or business financially secure.  During the life insurance buying process, you probably went through basic questions.. More

Over the last 10 to 15 years, both the expense and mortality costs for life insurance policies have dropped. The mergers and acquisitions within the life insurance marketplace have affected expenses within the policy, which includes all of the costs of issuing a policy. This has created a much more efficient marketplace, as technology and.. More

Over the course of the last 30 years or so, the interest rates credited to permanent life insurance policies for the most part have dropped. When the companies introduced their Universal Life Insurance policies in 1984, the interest rate was almost 12%; since that time, the current interest rate has dropped. Today the current rate.. More

There are three major factors that affect the performance of a life insurance policy:   The first is the interest rate return on the underlying investment that provides the cash value in the policy. In Universal Life (UL) and Whole Life (WL) policies, the investment account is an insurance company-directed investments. As you can see.. More