Reader’s Question: I’m looking to get the cheapest life insurance plan I can find here in Texas, any tips? And also, is it true that I can also take out a loan on a life insurance policy? Shane Galveston, TX To answer your question about taking out loans on a life insurance policy: Yes! It [...]

Reader’s Question: Would it be better for me if I sign-up for a whole life insurance policy, just like what an insurance agent here in Utah is telling me to do? Chester Provo, UT This is a bit tricky to answer immediately. To clarify further, there is no such thing as the perfect life insurance [...]

Reader’s Question: How can I get the best life insurance policy in New Jersey? Maureen Jersey City, NJ The main reason for most people why they purchase life insurance policy is to provide additional income for their family. When you want to purchase a life insurance policy for this reason, you have to decide the [...]

Reader’s Question: How will I earn dividends from a whole life insurance policy? Jason Wilmington, DE You will be subjected to dividends if the whole life insurance policy you have is a participating life insurance policy. Not all whole life insurance policies are participating policies. This means that this type of policy does not participate [...]