Obtaining insurance has long been known to be a pretty laborious task; riddled with all sorts of hassles and terminology to try to understand. There may not be anyone who enjoys doing it, and it is known to suck all of the energy out of a person. This is a preview of Deciphering Life...
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Posts Tagged ‘ Life Insurance ’
Deciphering Life Insurance
Life Settlement Company Investment Scam
Texas Lawyer Pleads Guilty to Life Settlement Investment Scam A lawyer, Mackert, in Spring, Texas has pleaded guilty to a life settlement investment scam. What Are Senior Life Settlements? Senior life settlements are transactions where investment groups or companies will purchase permanent policies from older people in exchange for cash which is less than the...
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Single Premium Life Insurance Explained
Explain Single Premium Life Insurance (SPLI) As the name implies, single premium life insurance (SPLI) is funded with one large payment. This is different than paying monthly premiums like most of us are used to. Since this is whole life, that one lump sum payment will guarantee that the death benefit will be payed...
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ROP Pays You Back!
Return of Premium (ROP) Gives Back Money What if you could purchase an insurance policy, be lucky enough not to ever use it, and then get all of your money back at the end. This would seem like a win-win situation. You would be protected, but if you never needed to make a claim,...
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