by Insurance | Dec 31, 2025 | Uncategorized
The term prepayment penalty is most commonly used in lending—when borrowers are penalized for paying off a loan early. But in the world of life insurance, especially when policies are used as financial tools, a similar concept emerges under a different name: penalties...
by Insurance | Dec 31, 2025 | Uncategorized
by Insurance | Dec 29, 2025 | Uncategorized
by Insurance | Dec 29, 2025 | Uncategorized
In banking and credit, a cash limit refers to the maximum amount of physical or advanceable cash you can access from your credit line. But in life insurance, particularly with Indexed Universal Life (IUL) Permanent life insurance policies accumulate a cash value over...
by Insurance | Dec 28, 2025 | Uncategorized
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