Think about the last time you went to the emergency room. You filled out paperwork for each health-care provider (physician, anesthesiologist, etc.), and your insurance company dealt directly with ...

A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...

A life insurance policy is considered to be an inflexible product which binds the policyholder to certain terms and conditions for the whole tenure of the policy. The reason for such a rigid condition ...

Learn the ins and outs of collateral assignment in life insurance policies, how it secures loans, and what it means for your beneficiaries.