Death Benefits

What Are Death Benefits?   To put it simply, when a policyholder dies, beneficiaries receive a payout on the policy's death benefits. Policy terms vary and the payout occurs when [...]

By |2019-11-19T12:08:58-05:00November 21st, 2019|Categories: Glossary|0 Comments

Incontestability Clause

What is a Life Insurance Incontestability Clause?   The incontestability clause protects consumers from the cancellation of a policy due to a mistake or omission during the application process. One [...]

By |2019-11-19T12:04:32-05:00November 19th, 2019|Categories: Glossary|0 Comments

Partial Withdrawal

Partial Withdrawal of Life Insurance Policy: How it works   What is partial withdrawal from a life insurance policy? Permanent policies like whole life and universal life build up cash [...]

By |2019-11-14T19:35:03-05:00November 6th, 2019|Categories: Glossary|0 Comments