Cash in Life Insurance While Still Alive

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4-minute read) In tough economic times, people can be left scrambling for cash to meet everyday expenses and lifestyle demands. Among the

1099-R Life Insurance Surrender

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (3 minute read) Did you surrender a life insurance policy for cash value recently and received a form in the mail? That

What Happens When You Surrender a Life Insurance Policy?

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (5 minute read) For one reason or another, sometimes people find themselves with life insurance policies they no longer want or need.

Can I Use My Policy To Create Family Memories?

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4 minute read) As we enter the summer months coming out of the pandemic, many grandparents are feeling the loss of family

What are the Reasons Life Insurance Won’t Pay Out?

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4 minute read) When purchasing a life insurance policy, many people do not consider the fact that there are numerous situations in

Heart Healthy Summer BBQ Tips

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (3-minute read) Tasty food, refreshing drinks, and good company are all elements of a great barbecue. As you’re spending time with friends

Evaluating Companies that Buy Life Insurance Policies

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (2 minute read) Evaluating life settlement companies requires understanding the  difference between a direct buyer (Provider)  and a broker. Selling an unwanted

Life Insurance Agent

Do Life Insurance Agents Make Good Money?

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (2 minute read) Life insurance agents can make good money, because their salary is often largely based on commission, even when an

Do Beneficiaries Pay Taxes on Life Insurance Policies?

Do Beneficiaries Pay Taxes on Life Insurance Policies?

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4-minute read)  Do you have to pay taxes on money received as a beneficiary? The short answer is no, not usually. Beneficiaries

Cashing in Life Insurance Before Death

Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4-minute read) If a person purchases a life insurance policy, they’re mostly looking to protect their family’s financial stability in the event