What happens if I don’t have Whole Life Insurance? thumbnail

What happens if I don’t have Whole Life Insurance?

Published Nov 02, 24
1 min read
Estate PlanningWhat is the most popular Level Term Life Insurance plan in 2024?


How can Riders protect my family?What should I look for in a Retirement Planning plan?




Cash money worth is a living benefit that remains with the insurance coverage company when the insured dies. Any outstanding finances against the cash money value will certainly lower the plan's survivor benefit. Family protection. The plan owner and the guaranteed are generally the same individual, yet occasionally they might be various. For instance, a service might get key individual insurance policy on an essential employee such as a CHIEF EXECUTIVE OFFICER, or an insured may sell their own policy to a third party for cash money in a life negotiation.