The death benefit is the amount of money paid to beneficiaries upon the death of a life insurance policyholder. It is typically the face value of the policy minus any unpaid loans or claims against the policy.
An in-depth exploration of nonforfeiture provisions in life insurance policies, detailing the various options available to policyholders to protect their benefits.
An in-depth look at Automatic Premium Loans, a common feature in life insurance policies allowing insurers to cover premium payments by utilizing the policy’s cash value.
