In general, the two main types of companies that buy life insurance policies are life settlement and viatical settlement companies. Life & Viatical Settlement Brokers. Essentially, brokers act as a kind of middle-man when it comes to the process of selling your life insurance policy, either through a life or viatical settlement.
Policyholders pay premiums for a life insurance policy. If the policy is in effect when the person dies, the life insurance company pays a death be...
When it comes to term life vs. whole life insurance, the better choice depends on your specific goals. For example, if you’re looking for life insu...
Life insurance generally covers all types of death, whether it’s from illness, injury or old age. Even death by homicide and drug overdoses is cove...
You can purchase life insurance on someone else, such as a spouse or a parent, as long as you have an “insurable interest” in that person. That mea...