When you don’t want your life insurance policy anymore, you have the option to either surrender it or sell it. While they both involve getting rid of an unwanted or ineffective policy, the benefits differ. The surrender value is a lot lower than what you will make if you sell out your insurance policy. However, […]
Historically, estate planning has involved purchasing life insurance. This insurance provides financial security to survivors, helping to cover funeral and living expenses. However, not everyone needs life insurance. You should understand whether you need this coverage before you spend the money to obtain it. Individuals with young children or those who support a spouse, disabled […]