Life insurance is purchased with the purpose of providing financial security for your loved ones in the event you are no longer around to provide for them. The primary purpose of a life insurance policy is to furnish a steady stream of income for your family when you pass. This amount of money can also be used to pay off any medical bills from treatments you might have received. There are many times that this stream of money needs to last for a lifetime. Life insurance is an elective that many people are provided an option through their work - similar to health insurance. However, if it is not offered to you there are many organizations you can purchase life insurance through.
The Purpose and Benefits of Life Settlement Options
Jan 13, 2021 10:41:00 AM / by LISA posted in life settlement, Life Insurance Settlement, Viatical Settlement
Struggling to Pay Your Life Insurance Premiums? Know Your Options
Mar 22, 2017 12:07:00 PM / by Darwin Bayston, CFA posted in life settlement, Life Insurance Settlement
If you're struggling to make ends meet in retirement, you're not alone. And when your income is limited and fixed, you do your best to cut out unnecessary expenses.