Watch this short video to learn about all the options available should you have an old life insurance policy.
3 Options to Consider Before Cashing in Your Life Insurance
During a regular review meeting with one of our clients they were questioning whether they should keep their life insurance policies or take the cash value now. Here’s three other options we had them consider:
What You Need to Know Before Cashing In or Cancelling Life Insurance
WARNING: Read this before you cancel or cash in any life insurance policies. What would you do if you had a $6 million term life insurance policy that you no longer needed and didn’t want to pay the premium? You probably would have cancelled the policy and stopped making premium payments. Unfortunately, if you did this, you wouldn’t get any … Read More
Do I Need Life Insurance?
Clients frequently ask whether they need life insurance since they’re retired. I wish I could give an easy “yes” or “no” response but the answer varies, depending on your personal financial situation. These are the key reasons you have or buy life insurance when you’re retired: To increase your pension income by 30% To provide a guaranteed inheritance To provide … Read More
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