You can borrow against next week with a payday loan and against next month with a credit card. You can even borrow against your own retirement with a 401(k) loan. What about a life insurance loan? Well, it won’t affect your afterlife, but your heirs might not appreciate it. If you can get past that…

As insurance companies take over corporate pensions, advocates are concerned about risks to retirees. How safe is your pension? As COVID-19 shutdowns hobble the U.S. economy, the question has taken on more urgency. While risks associated with underfunded pensions for state and local government employees have been known for years, a new concern has arisen,…

A foreign national is a person who is a U.S. citizen who lives outside the U.S. full time or a citizen of another country residing in or traveling to the U.S. As a foreign national, you can still get U.S.-based life insurance if you meet certain criteria. Here’s what you need to know if you’re…

Among the many riders offered, the popular ones are term rider, critical illness rider, waiver of premium rider, and accidental death benefit rider. These riders are add-ons to the primary policy, which offers additional benefits over and above the policy. With these add-ons, policyholders can maximize their benefits to suit their specific needs. Note that,…