If you want to know which type of life insurance policy generates immediate cash value, you need to understand that only permanent life policies do it. The types of life insurance policies which give you an immediate cash value include: SPL Single-Premium life insurance policy aka “Cash Value Life...

Did you notice some concerning changes in your parents over the past few days? Are they forgetting some basic things? Or maybe they are withdrawing from their hobbies or the gathering they love. Well! It means your aging parents need help to stay safe, secure, and healthy. You may not be ready for t...

Get A Quote When a senior gets retired after working his whole adult life, he undergoes mixed feelings of nervousness, anxiety, fear, and others. The fear of the unknown is something we all experience, since day one, of gaining a conscience. Retirement is a time of freedom and independence if a pers...

Sadly readers! It’s not cheap to die in today’s hectic and fast-going world. According to an estimate by NFDA (National Funeral Directors Association), the average cost of a funeral in 2023 is more than $11,000. Huge! Right? Well! Planning your funeral or memorial ceremony could be helpful. Payi...

Get A Quote The two most common sorts of life insurance policies are the Term Life insurance policy and the Universal Life insurance policy. These are most popular amongst US citizens. There are some obvious differences between these two. Term Life as the name implies, is for a certain time span ran...

Life insurance is essential in providing a safety net and mental peace for our loved ones at our untimely demise. It generally comes in two different types, one of which is term life insurance plan. Term life insurance provides coverage for a specific time, generally 10, 20, or 30 years. It is less ...

A life insurance policy is a safety net that comforts the beneficiaries left behind by the policyholder, in time of any post-death financial crisis. Basically, there are two types of life insurance policies. Permanent Life Policy and Term Life Policy. As names imply, the permanent type accounts for ...

No, you cannot take out any life insurance policy for your parents, without their consent. Firstly, their personal and medical information is needed, how would you manage that? Secondly, their signature on insurance applications is required. Even if a person forges the signature of his parents with ...

Life Insurance is a type of insurance that provides financial protection for your loved ones in the event of your untimely demise. It can help to pay for funeral expenses, debts, and other financial obligations.  Traditionally, this policy has been seen as a product for married couples. But in rece...

Life Insurance is associated with offering financial stability to loved ones after the policyholder’s untimely demise. The policy provides death benefits to the beneficiaries that can be used to cover expenses like funeral costs, outstanding debts, and other financial obligations.  However, t...