Purchasing a life insurance policy isn’t quite like buying a product off the shelf. With the help of your insurance agent, the policy you buy is highly customized to you. The type of policy, amount of death benefit, and even the cost of your premiums are largely up to you. It depends on what you’re …
Talking with your agent or financial advisor can help steer you in the right direction. If you could use some extra money and don’t feel like you need your life insurance policy anymore, go for it. It may be worth a shot; just know that qualifying for a life settlement isn’t as easy as you …
A life settlement can seem like a great way to get extra money on hand when you need it, in exchange for a life insurance policy you may not need anymore. But, as you might have experienced, it’s not always that simple. Most life settlement companies are extremely picky when it comes to whose policies …
