Life Insurance Blog
Relying on cash value life insurance may come as a surprise option to those who have always believed that individuals would get a better return investing in term insurance, and then using the difference between that and cash value to create a separate portfolio.
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Recent news in the life insurance market has featured some disturbing stories regarding the manipulation of elderly Americans by scam-artists intent on taking out STOLI policies, or Stranger Oriented Life Insurance policies, and using them to cheat insurance companies out of millions of dollars.
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Much has been made of the revelation last week that many life insurance companies have invested in fast food restaurants and companies.
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In recent news a Florida man has been arrested for taking millions of dollars from senior citizens in a life insurance scam.
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Many buyers are confused about the difference between traditional term life insurance, and permanent or whole life insurance.
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In the news this week, a potential law in Ohio would create a statewide database designed to help people claim life insurance benefits that are sitting unclaimed.
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American International Group, Inc. (AIG), under the legal counsel of Debevoise & Plimpton LLP, announced plans to sell American International Assurance (AIA), world’s leading pan-Asian life insurance group, to Prudential plc (Prudential).
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I recommend term life insurance because the rest of it is garbage, a ripoff. Let's say I am talking to a 32 year old who has a 4 year old and a two year old. Lets visit him 20 years from now when his 20 year level term that I recommend expired...
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A sweet 30 something woman asked her "I am married with two young children. Our financial advisor signed us up for a variable life insurance on my husband, we pay $600 a month with a death benefit of $750,000. We had it for 6 years and I have never felt comfortable about it and I am wondering what we should do.
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When you surrender a life insurance policy you do get cash, but in a life settlement you usually could get more cash than what you would get from the insurance company.
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