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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’s an Accelerated Death Benefit? Accelerated Death Benefits (ADB) represent a unique provision incorporated within certain life insurance policies. This provision permits the policyholder to access a portion of their death benefits in advance, whilst still alive. Conventionally, life insurance policies serve to provide financial restitution to designated beneficiaries subsequent to the death of the […]
