Collecting From Life Insurance Before Death If you are having trouble paying bills, there are ways to use your life insurance policy to help. Some require planning ahead, while others can only be used under certain conditions. Whole life or universal life insurance policies have cash values that can be withdrawn or borrowed from if […]
Getting Additional Life Insurance Keeping Your Coverage When You Can’t Pay Your Life Insurance Premium Why Death Benefits May Be Withheld If a term life insurance policy is about to expire, you may be able to renew it for an additional period or convert it to a whole life policy. If not, there may be […]
Adding Riders Many companies allow you to customize any type of life insurance with riders or added clauses to include additional benefits or payouts under specific circumstances. Some policies may include features of these riders as part of the policy. Any other rider you want will need to be added and will increase your premiums. […]
Insurance When You Have a Terminal Illness Updated: August 30, 2023 Other than life and health insurance, there are other forms of insurance to investigate that may provide additional financial assistance for care and other expenses. Unlike health and life insurance that will almost always get used, this is ‘what if’ insurance and may never […]
