We all look at life insurance as a pretty much straightforward financial product. Policyholders send premiums to the insurance companies who then pay out death benefits to the policies’ beneficiaries. However, there are a lot more options than people realize and these plans can be more complex than we know. For instance, some policy benefits
The post Did You Know Your Life Insurance Could Do These 6 Things? appeared first on Life Upgrade.
Life insurance giant MetLife Inc. will shell out nearly $500 million to settle a multi-state probe into its alleged failure to pay death benefits to beneficiaries.
Promises, promises. Insurance is all about promises. Policyholders promise to pay their premiums and insurance companies promise to pay claims in a timely manner. On the surface, it’s a straightforward proposition, unless the insura...
There is a constant battle within the financial community between permanent life insurance and term life insurance. Most individuals are best served by inexpensive term life insurance policies that are straightforward: pay a premium...
New York?s insurance department is examining whether life insurers have defrauded clients by failing to identify dead policyholders and pay out their beneficiaries, the WSJ reports.