There are unexpected moments in every person’s life that are challenging, and have the ability to shake things up. While not all unexpected life events are negative, there are some major ones that will be and could affect your financial future, and that may have you rethinking your life insurance choices. With that being said, do you know the difference between old insurance and new insurance?
Have you heard about this secret life insurance policy that most people don't know about? Some of you may be scratching your head and wondering what we are talking about. We’ll explain.
One reason that people consider buying whole and universal life insurance policies is because they can take advantage of some possible ways to use these policies to reduce tax bills. This can include the tax bill of the people who might collect the proceeds from these policies later, and it can also include the tax bill of the policy owner while they are still alive.