Taking a Loan from Your Whole Life Policy
One of the greatest benefits a whole life policy is its cash value, which you can tap into by taking a loan from…
Tag: cash value
The Key Problem with Cash Surrender Value
The cash surrender value is the amount of cash your policy is worth in the event you want to terminate it. It is…
When Do You Need a Renewable Term Rider?
As we discussed previously, riders are optional features to life policies. The renewable term rider helps to increase the death benefit of a…
5 Reasons Life Policy Is Better Than a Mortgage
To clarify right at the start. When we say that life policy is better than a mortgage, we are talking about mortgage as…
The Privilege of Tax Deferred Money Growth
Tax deferred money growth is not to be mistaken for tax free money! Every one of us must pay taxes at one point,…
Jumpstart Your Preparations for the Next Pandemic Crisis
Worried about the current situation? Let’s get you covered and jumpstart your preparations for the next pandemic crisis at the same time! We…
Tremendous Power of Paid-Up Additions
The simple definition of paid-up additions is reinvestment of dividends. How does it work? Mutual insurance companies manage and invest money. These investments…
Necessity or Luxury?
There are various ways people look at life insurance products. How do you view life insurance? Do you see it as a necessity…