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The Case for Guaranteed Retirement Income • The Insurance Pro Blog

Nonforfeiture Options of Whole Life Insurance • The Insurance Pro Blog

Whole life insurance offers three nonforfeiture options that ensure policy owners receive value from their policies should they cancel them prior to death.  The exact value of the nonforfeiture benefit depends on the length of time that the policy owner paid premiums–more premiums paid means more nonforfeiture benefit. These benefits stem from laws originating in […]
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Everything you need to understand about whole life insurance dividend options

Understanding Whole Life Insurance Dividend Options

Key Things to Know Whole life insurance dividend options provide policyholders with flexibility and versatility. The four original options are: receiving dividends in cash, using dividends to reduce or pay premiums, purchasing paid-up additions, and accumulating dividends at interest. Each option has its own tax implications and considerations, such as potential taxable income, impact on […]
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