What does "no lapse" mean? Does it mean that you will always be insured and the beneficiary will always be paid, even if you miss payments?
My husband and I had purchased life/disability insurance on our new car in 2007. In 2008, my husband became ill and passed away at the end of that year. Recently, I found the policy and took it to the ...
This happened in Canada. A person has a life insurance policy that matures in 2024 (in 9 years) and he has been paying monthly premium since 1996 (for 19 years). He lost his job and is not able to ...
Why would the IRS allow your premium "over-pays" to be invested tax-deferred? What's their motivation? They already allow 401K so why this too?