Tag Archives: canceling a life insurance policy

Mother and daughter sharing embrace

Can I Cancel Whole Life Insurance?

Canceling a life insurance policy can be appealing for many reasons. As you get older, circumstances change. Perhaps your children are now financially independent adults. Maybe you are tightening your budget and need to curb some spending. Or, maybe you

Older couple looking out over lake

Is It a Good Idea To Cancel Life Insurance? Reasons for Canceling an Insurance Policy

Although everyone’s situation is different, canceling a life Insurance policy—or selling it—is a fairly painless way to help retirees increase their cash flow. Unfortunately, like everything to do with insurance, understanding how to cancel a life insurance policy is a