March 30, 2022 7:00 pm | Special Risk Life Insurance

Guaranteed Universal Life Insurance – The Nuts and Bolts

So what exactly is Guaranteed Universal Life Insurance then? Is it just another universal life insurance product…just what we need! Grrreat!! I’m actually being sarcastic here because traditional, interest sensitive, Universal Life (UL) products from many life insurance companies have struggled for many years now. Due to low interest rates, many consumers who own these policies have had some hard decisions to make. The meager returns due to the interest rates have caused many policies …

Mortgage Protection Insurance or Term Life Insurance

by M. J. Flajole

Mortgage Protection Insurance, sometimes called MPI, is designed for one purpose, to pay off the debt on a mortgage. This is if the borrower loses their life either due to either an accident or natural causes. Now, term life insurance can be used for any purpose, including but not limited to a mortgage payoff. Under most circumstances, a term life insurance policy is a better choice and offers a lot more options. In this article, …