A life settlement allows a client to sell an existing life insurance policy to a third party in exchange for a cash payout greater than the policy’s surrender value. For clients with policies they no longer need or can no

Life insurance plays a significant role in financial planning for seniors who are managing retirement income and long-term care costs. However, many are also starting to wonder if they can turn their life insurance policy into something useful today, rather

According to data from the Life Insurance Research and Marketing Association (LIMRA), demand for life insurance is highest across Generation Z, millennials and Generation X. For Americans closer to retirement, however, the opposite may be true. Policyholders often have equity

Life insurance policies are often viewed as a safety net for loved ones, but circumstances change. Whether you’re seeking extra cash for retirement, covering medical expenses or simply reducing financial burdens, there are several ways to tap into the value

Did you purchase a life insurance policy as a way to help reduce the burden of estate taxes on your loved ones? If so, you may not need the policy anymore. The results of the 2024 election have shifted the

You may have had your life insurance policy for a while. Perhaps you took it out to protect your family, business or future, but those things have changed. Maybe you have paid off your house. Maybe your kids are grown.

Retirement should be a time to slow down, relax and enjoy life. According to recent data from the AARP, however, most people don’t know when — or if — they’ll be able to retire. Consider that 20% of adults 50

You may have been paying premiums on your term life insurance policy for years, and now it’s close to expiring. You may be wondering if all the money you have paid into it will simply vanish. If your term life

Many policyholders ask the same question later in life: Should I cancel my life insurance? There are pros and cons to this approach. If you need cash to help cover unexpected costs or prefer to reinvest the money somewhere else,

Facing a terminal diagnosis is a challenging experience, both emotionally and financially. Many policyholders wonder if they can use their life insurance to cover medical expenses, improve their quality of life or provide for their loved ones before they pass.