How Can My Grandma Change Two Life Insurance Polices To Name My Mom As Sole Beneficiary And Not My Uncles?
Posted November 20, 2009 – 10:17 am in: structured settlements FAQGrandma and Mom just recently learned of two existing life insurance policies on Grandma by her two sons *(My Uncles). Each Uncle has his own life insurance policy on his mother *(My Grandma). Grandma wants to change the beneficiaries from them to my Mom as sole beneficiary. She’s has already cut them from her will [...]
5 Comments | Tags: Beneficiary, Change, Grandma, Insurance, Life, Name, Polices, Sole, UnclesWhere Do I Buy In Debit Life Insurance Polices?
Posted October 1, 2009 – 4:37 pm in: structured settlements FAQanyone know where to buy many life insurance polices that the person has borrowed up to 90% of the cash value? are there a lot of them out there? who buys these?
anyone know where to find them?
Are Cash Value Insurance Polices Convertible To Term Life Insurance? I Want To Get Rid Of My Whole Life Insura
Posted June 15, 2009 – 6:36 pm in: term life insuranceYou cannot convert whole life into term, but you can convert term into cash value. Why? If you convert cash value into term, you have to do something with that cash value. More likely you will have to surrender your whole life and pay penalties on it. You should do a 1035 exchange on your [...]
8 Comments | Tags: Cash, Convertible, Insurance, Life, Polices, Term, Value, Want, Whole
