Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4-minute read) In tough economic times, people can be left scrambling for cash to meet everyday expenses and lifestyle demands. Among the
Author Archives: Leo LaGrotte
Cash in Life Insurance While Still Alive
1099-R Life Insurance Surrender
Did you know you can sell all or a portion of a life insurance policy, even term insurance? (3 minute read) Did you surrender a life insurance policy for cash value recently and received a form in the mail? That
What Happens When You Surrender a Life Insurance Policy?
Did you know you can sell all or a portion of a life insurance policy, even term insurance? (5 minute read) For one reason or another, sometimes people find themselves with life insurance policies they no longer want or need.
Can I Use My Policy To Create Family Memories?
Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4 minute read) As we enter the summer months coming out of the pandemic, many grandparents are feeling the loss of family
What are the Reasons Life Insurance Won’t Pay Out?
Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4 minute read) When purchasing a life insurance policy, many people do not consider the fact that there are numerous situations in
Heart Healthy Summer BBQ Tips
Did you know you can sell all or a portion of a life insurance policy, even term insurance? (3-minute read) Tasty food, refreshing drinks, and good company are all elements of a great barbecue. As you’re spending time with friends
Evaluating Companies that Buy Life Insurance Policies
Did you know you can sell all or a portion of a life insurance policy, even term insurance? (2 minute read) Evaluating life settlement companies requires understanding the difference between a direct buyer (Provider) and a broker. Selling an unwanted
Do Life Insurance Agents Make Good Money?
Did you know you can sell all or a portion of a life insurance policy, even term insurance? (2 minute read) Life insurance agents can make good money, because their salary is often largely based on commission, even when an
Do Beneficiaries Pay Taxes on Life Insurance Policies?
Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4-minute read) Do you have to pay taxes on money received as a beneficiary? The short answer is no, not usually. Beneficiaries
Cashing in Life Insurance Before Death
Did you know you can sell all or a portion of a life insurance policy, even term insurance? (4-minute read) If a person purchases a life insurance policy, they’re mostly looking to protect their family’s financial stability in the event