Gaining Clarity on Life Insurance Issues

Life insurance is one of those topics that is important to address but can involve difficult decisions and so tends to get shunted to the low-priority list. Enter Life Insurance Awareness Month, coordinated each September by Life Happens. It’s an industry-wide effort to teach Americans the whys of life insurance and help them identify the coverage they may need.

As part of our mission to educate investors on all things related to personal finance and investing, AAII offers our trademark unbiased guidance in the area of life insurance. While our Best of the Web Guide points you to websites where you can learn the basics, check out these articles to clarify the more complex life insurance questions you may have.

Assessing Your Life Insurer’s Financial Performance

The value of a policy depends on the financial performance of an insurer, which can be assessed by analyzing its financial statements.

Life Insurance Cash Value: A Practical Discussion

Borrowing against or withdrawing the cash value of a policy will reduce the death benefit and could put the policy at risk of lapsing.

The Right Type of Life Insurance for Your Estate Planning Needs

Life insurance works well for estate planning because of when benefits are paid and the ability to create wealth for heirs outside of the estate.

Index Universal Life: The Latest Risky Life Insurance Product

Index universal life policies are being pitched with crediting rates that look to be too good and follow several past problematic products.

For our complete archive of articles on life insurance, and other insurance products, visit https://www.aaii.com/journal/category/insurance-products.

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