What Happens When Term Life Insurance Expires?

There are two types of life insurance policies: term and permanent. One of the most significant differences between the two is that term life insurance is a temporary product. It has an expiration date. What happens when term life insurance expires? Your coverage ends, and you stop paying premiums. In this guide, you’ll learn how … Read more

Things to Know About Owning Life Insurance

Who can get life insurance? What are the related terms of coverage and responsibilities? When it comes to being the owner of a life insurance policy, there are three distinct roles related to one policy you should know about: the owner of the policy, the insured person, and the beneficiary. When you get life insurance, … Read more