Riders are extra benefits that a policyholder can buy to add on to a life insurance policy and provide added protection if you meet their conditions.
( January 2015 ) Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is...
universal life insurance policy (VUL). VUL lets the cash value be directed to a number of separate accounts that operate like mutual funds and can be invested in stock or bond investments...
the Life Insurance Policy Locator (LIPL) program back in 2016. Since Commissioner Glen Mulready assumed office in 2019, this initiative has successfully matched 4,872 Oklahomans with over...
Looking for a ‘lost’ life insurance policy? Trying to find lost life insurance policies can be a headache for people at a time when you don’t need more stress. The Financial Services...
Whole life insurance is an example of a permanent policy. Term life insurance covers you for a specific period of time, typically 10, 20 or 30 years. If you die while the policy is in place...
NASHVILLE – Tennessee consumers have been matched with policies totaling $11,148,069 in the past 12 months through the Life Insurance Policy Locator, a free service provided through the National As...
Monday, August 27, 2018 | 12:24pm ; NASHVILLE – The Tennessee Department of Commerce and Insurance (TDCI) reminds consumers of a life insurance claims return tool that has found $6,808,924 in life insurance benefits for Tennesseans since January. The Life Insurance Policy Locator Service, which has been available since 2016, was developed by the National Association of Insurance Commissioners (NAIC). The service enables beneficiaries, executors, or legal representatives of a deceased person to locate life insurance policies and annuity contra ...
What is a trust? ; While there are benefits to putting life insurance in trust, what about the downsides? · According to ONS data released in 2021, around 60% of the population in England and Wales were living in a couple. The population who are cohabiting is growing; in 2020 13.1% of the population aged 16 years and over were cohabiting, compared with 11.3% in 2010. While there is no legal definition of a cohabiting couple, sometimes called common-law spouses, it generally means to live toget...
(NAIC) Life Insurance Policy Locator connects consumers with lost life insurance. Each year, millions of dollars in life insurance benefits go unclaimed by beneficiaries who can't find...