With life insurance, when the insured dies, the beneficiary receives one large payout check equal to the death benefit of the policy. But does it always have to be that way? Nope. A one-time lump sum payment is the most common, but there are quite a few different settlements options that dictate how the beneficiary receives.. Read More
Can You Have Multiple Life Insurance Policies?
If you’re wondering if you can have more than one life insurance policy, the answer is simple. However, there is more than one scenario to consider before you make your purchase. Here are the two questions you need to ask: Is it legal to have more than one? (Yes, definitely.) Does it make financial sense.. Read More