A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...
Not too long ago, the Florida Legislature passed Section 627.7152 in an attempt to curb rampant litigation abuse by Assignment of Benefit (“AOB”) holders across the state. These AOB holders would ...
Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...
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