Balloon Loan Out of the many types of mortgages, balloon mortgages may be the least used out of all of the different types of mortgages. They are short term fixed …
Life insurance policies are set up to pay out death benefits should anything happen to the policy holder and the payment proceeds go to the policy’s beneficiaries, who are chosen …
Limited pay life insurance is a type of permanent life insurance. With limited pay all of the premiums are paid over a specific period of time, usually 10, 20 or …
Permanent life insurance is a type of life insurance that is kept for the life of the policy holder and paid out upon the death of the policy holder or …
Life insurance can be very confusing. There is so much to learn before making a final decision. When tax concerns come up, figuring it all out may seem downright overwhelming. …
Term Life Term life insurance is life insurance that provides coverage for a fixed rate of payments for a limited period of time also know as the relevant term. When …
Split-Dollar Life Insurance A split-dollar life insurance policy is a policy where the premiums and the death benefits/cash value are split between two parties. This arrangement is most commonly seen …
Whole life insurance is a type of permanent life insurance. A whole life policy has a standard premium for the life of the policy and a cash value table built …