by admin | Aug 13, 2019 | Auto Insurance, Business Insurance, Health Insurance, Home Insurance, Liability Insurance, Life Insurance, Long Term Care, Medicare
Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium. You can...
by admin | Jul 13, 2019 | Life Insurance
Life settlements can be a viable option for seniors willing to exchange their life insurance policy for immediate cash. A life settlement is the sale of an existing life insurance policy for a lump sum of money. It allows policyholders to access the fair market value...
by admin | Jun 13, 2019 | Life Insurance
A premium finance transaction involves the borrowing of money from a bank or hedge fund to pay the premiums of a newly originated insurance policy. The majority of financed policies have a face amount of over $1,000,000. The insured will borrow the money for a...
by admin | Mar 13, 2019 | Auto Insurance, Business Insurance, Disability Insurance, Health Insurance, Home Insurance, Liability Insurance, Life Insurance, Medicare
Insurance: The word “Insurance” refers to the promise of repayment of the money in the case of any loss to the insurer. The insurer may be an individual or a company who have made prepayment to an insurance company for a secured life. Insurance also provides “security...
by admin | Feb 27, 2019 | Life Insurance
Selling your life insurance is an option you might consider if you’re in a difficult financial situation for which you don’t see a close end. A terminal illness or old age could cause you to think twice about paying those hefty premiums at this stage of...
by admin | Feb 13, 2019 | Life Insurance
Life Insurance cover provides either a lump sum or an income on the untimely death of an individual. Therefore, anyone who’s death would create a financial loss to another has a need for life insurance cover. This could/should include the following: –...