In 1991, Rodney King was the victim of police brutality that would set off a wave of public disquiet towards racial discrimination. Forced into the role of a civil rights figure, King’s life became very public from that day onward, uncovering both his saintly attributes and the gritty, dark nature of his alcohol and drug [...]
Archive for the ‘Life Insurance for Widows’ Category.
Can I, As A Widow, Take A Loan Out On My Life Insurance Policy To Help Cover My Deceased Spouse’s Funeral Costs?
There are multiple options in this scenario, and you will need to consider which ones are available to you, as well as which one is best for you and your specific situation. If you have a whole life policy, it is indeed, possible. These are permanent policies. However, you must have enough cash value accumulated [...]
If the last policy payment was missed before your spouse passed away, you will need to know whether or not the policy has lapsed. There are safety measures in place known as NFOs (Non-Forfeiture Options) that begin when a premium isn’t paid. If you have a permanent policy, then the NFO could include something referred [...]
There is no need to worry, if you cannot find the policies. A great deal of information is kept online and in other places nowadays, and things can be tracked down quickly. The time when you lose a piece of paper could destroy your plans, is over. Not only do they keep track electronically of [...]
Due to advances in technology and the doing away of conventional hard copy documents for the more sophisticated soft digital copies, it can be a daunting task locating insurance policies held by a dead spouse. But all is not lost, as there are means through which you can check and confirm whether the departed spouse [...]