How Do You Turn Your Life Insurance Policy Into Cash? Life insurance policies serve as a financial safeguard, a beacon of comfort and assurance, enabling the insured to shelter their loved ones from monetary challenges after their demise. Such policies allow the policyholder, who is also usually the beneficiary, to secure a financial coverage that […]
Monthly Archives: December 2024
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What Is an Accelerated Death Benefit? An Accelerated Death Benefit (ADB) is a special feature included in some life insurance policies. It allows a policyholder to access part of their death benefit while they are still alive. Normally, life insurance is designed to provide a financial payout to beneficiaries after the policyholder passes away. But […]