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Life insurance on the partners in a business can be an effective way to ensure that the business survives the partner’s death or disability, retirement or withdrawal, and provides funds to the beneficiaries of the partner. There are two approaches to who owns the policy, which may have a substantial [...]
We now offer the best of both worlds with Transamerica Life Insurance Company’s new TransTerm portfolio. TransTerm is a Universal Life insurance policy that offers initial cost-effective term-like level premiums with the guarantee and flexibility to transition to lifetime coverage. TransTerm blends the basic characteristics of level term insurance with [...]
Life insurance is a basic need. It’s the first step in financial planning. However, life insurance is not just for financial protection in the event of untimely death of the breadwinner. It can also be a comprehensive wealth accumulation solution. Whether you are young or old, rich or poor, employed [...]
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