Insurable Interest [2023]

Insurable interest is important when it comes to insuring property and belongings because it protects people from taking out insurance policies on things they do not own, lease, or have a claim to. Insurable interest also covers your right to ensure your property. This is because if you have a stake in the value of…

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How does life insurance work?

If your family were to lose your entire income today because you passed away in an accident, who would cover the mortgage or keep food on the table? This is where life insurance can help you protect your family and your loved ones. Is life insurance worth it? Life insurance works to protect your loved…

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How much do funerals cost? [2024]

One thing is certain, and not many people like to think about it. The truth is that we’ll all pass away at some point. If you’re married, own property, or have children, it’s best to plan ahead to ensure that your funeral isn’t a stressful ordeal for the loved ones you leave behind. The first…

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Life Insurance Retirement Plans (LIRP) [2024]

It is never too early to start thinking about retirement. The sooner you start saving, the more money you will have when you retire. If you are looking into life insurance policies, you’ve probably heard about life insurance retirement plans (LIRPs).  Some permanent life insurance has a cash value component that grows over time. You…

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What is universal life insurance?

You have many options for permanent life insurance, and finding the right policy depends on your investment strategy and the amount of coverage you need. Universal life insurance (UL) will give you more flexibility when it comes to premiums, death benefits, and investment indexes, but it’s not for everyone. Continue reading to discover how universal…

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How to Borrow Money from Your Life Insurance Policy [2024]

When money is tight, borrowing against a life insurance policy is an easy way to access the cash you need quickly. However, you can only borrow against permanent life insurance policies. In this article, we’ll explore the options for cashing out life insurance in 2022, including what the process is, how much you can borrow,…

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