Universal Life Insurance is a contract between an insurer and a policyholder that pays a specific amount to a designated beneficiary in the event of the insured’s death. Some life insurance policies also pay out in the event of critical illness or terminal disease. In the case of the latter, the policy will continue to…
To become a Sun Life Insurance agent, you must understand the company’s products, services, and selling methods. You should also learn about the company’s guidelines and the benefits it offers. Additionally, you need to obtain a Sun Life code, which you will use for all company transactions. Sun Life agents must know the value of…
Trustage Whole Life Insurance, you have flexible options when it comes to using your policy’s cash value. You can withdraw the cash value either fully or partially, depending on your needs. If you choose a full withdrawal, you’ll need to cancel or surrender the policy. With a partial withdrawal, you can still keep the policy…
Texas Life Insurance company that provides various life insurance products. Customers can contact them through different ways, such as phoning an extension or faxing a document. You can also view their TLHIGA summary document for more information. Here are some things to know about Texas Life. Read on to learn more about Texas Life’s Customer…
If you want to protect your savings from inflation, Pacific Life annuities may be the right option. Withdrawal fees vary depending on the term length, but Pacific Life waives them for the first 30 days, the first year, and the second year after you open your annuitpacific life variabley. These fees are typically high but…
In this article, we’ll go over the job duties of a Life Insurance Agent, what your license and education requirements are, and how much you can expect to earn. You may even find out how to become a Life Insurance Agent! Read on to learn more! What are the education and license requirements? And most…
An IUL investment is a good choice if you want to protect your cash value and take advantage of tax-deferred growth. The insurance company bases earnings on the S&P 500 Index, which means it protects you from losses that you may incur in the market. Because the insurance company earns less than the market, it…
If you’re considering a human life insurance policy, consider these features: Affordable, Choice, Flexible, and Underwriting. Here’s a closer look at each. Ultimately, you should decide based on your own needs and wants, but it is essential to consider your budget first. Here are a few other considerations: Affordable If you’re searching for an affordable…
An endowment insurance policy is a life insurance contract that pays out a lump sum upon death or maturity of a specified term. Typical maturities range from 10, 15, or 20 years, and some policies are designed to pay out if you suffer from a critical illness. Consider these factors to determine which endowment insurance…
While you might know about traditional life insurance, credit life insurance is entirely different. A credit life policy pays the lender, rather than your loved ones when the policyholder dies. While a typical life insurance payout goes to your beneficiaries, credit life insurance pays the entity that loaned you the money in the first place….
