The Internal Revenue Code does not explicitly provide for the tax treatment of increases in the cash surrender value of a life insurance policy unless those values are accessed, directly or indirectly ...

If you’re reading this post, you survived the Thanksgiving holiday – hopefully, without much family drama. Then again, there may have been ...

Life insurance is designed to provide financial protection, but life happens, and your needs might shift. If you have a permanent policy, it could have built-up cash value, giving you the option to ...

Universal life (UL) insurance is a type of permanent life insurance that is known for its flexibility. You can typically ...

Life insurance is an essential financial tool that provides protection and financial security to your loved ones in case of your death. By purchasing this type of policy, you're ensuring that your ...

During the recently concluded 2022 National Council of Insurance Legislators (NCOIL) Summer National Meeting in Jersey City, NJ, the organization unanimously adopted a Resolution Identifying Certain ...

Life insurance policies are financial contracts between an individual and an insurance company. These policies provide a death benefit, a predetermined amount of money, to the beneficiaries upon the ...

Cash value life insurance is one of the most important assets of a bank, particularly America’s large banks. Banks purchase so much cash value life insurance that life insurance of this type has its ...

Life insurance is one of the first investments that many people make when solidifying their financial future. There are a lot of terms that are unique to life insurance, and some can be confusing. If ...

Feeling the added pressures of inflation and overall challenging economic conditions on their finances, many Americans may be looking for some added financial assistance. For some, that could mean ...