Comparing Policy Riders: Living Benefits vs. Stand-Alone Long-Term Care The decision to address potential long-term care (LTC) needs often involves comparing the **Accelerated Death Benefit (ADB) Rider** (Living Benefits) on a permanent life policy with…
The Bequest Strategy: Gifting the Death Benefit to Charity via Permanent Life Gifting the death benefit of a Permanent Life Insurance policy is one of the most cost-effective and leveraged methods for planned charitable giving,…
Policy Maturity Risk: Taxable Income at Age 100 or 121 While Permanent Life Insurance is designed to last a lifetime, the policy contract has a defined **Maturity Date** (historically age 100, now often 120 or…
Impact of Policy Rating (Table Ratings) on Universal Life Policy Solvency For individuals with pre-existing health conditions who receive a **Substandard Rating** (or Table Rating) on a Universal Life (UL) policy, the higher premium drastically…
The Risk of Variable Loan Interest Rates on Whole Life Policy Loans While taking a policy loan against Whole Life cash value is a major benefit, choosing a **variable loan interest rate** carries specific financial…