An endowment policy is a type of life insurance contract that pays out a lump sum upon the insured’s death or at the expiration of a specific term. Typical maturities are 10, 15, or 20 years, and some pay out in case of critical illness. This article discusses the pros and cons of endowment … Read more
Universal insurance is a cash value type of life insurance sold primarily in the United States. Its cash value is credited with interest each month when excess premium payments are made. This way, you can accumulate cash value even if you die prematurely. The benefits of universal insurance are many. Here are some examples … Read more
If you are looking for a life insurance policy that covers long-term care, you may want to consider Variable Universal Life or Whole life insurance. The company is the largest mutual life insurance company in the world, based in Manhattan, New York. Guardian has approximately 8,000 employees and a network of over 3,000 financial … Read more