Most people think of life insurance as a way to protect family members if something happens to them. But many high-net-worth individuals use a certain type of policy, known as universal life insurance, in a totally different way. They treat it like a personal bank account. This strategy is growing in popularity and not just […]
As we age, many of us need extra help with daily tasks like bathing, dressing, or cooking. These needs can arise from long-term illness or just the normal aging process. Costs for this kind of care can add up quickly, and people often overlook the risk to their savings. Long-term care (LTC) insurance offers a […]
When people think of life insurance, they often imagine a policy that only lasts for a certain period. But many financial experts are big fans of whole life insurance. If you have ever been curious about why professionals speak so highly of whole life insurance, here are some reasons they recommend it so often. 1. […]
