Canceling a life insurance policy can sound like an appealing solution for those looking to reduce retirement expenses. If you’re …
Life Settlements Blog
Welcome to the Mason Finance Blog. Your source for data-driven advice, research, how-tos, and insights — we are here to help you navigate the world of retirement finance.
Selling a Term Life Insurance Policy
A life settlement broker can provide a fair assessment of your policy’s cash value and allow you to make the …
How Life Insurance Payout Works
Tax Rules for Life Insurance Payouts The tax rules for life insurance payouts are straightforward. All death benefit proceeds are …
What is a Life Insurance Beneficiary?
In a life insurance policy, a beneficiary is the person or organization that receives the life insurance death benefit upon …
Annuity Guide: Annuities Explained
If you’re approaching retirement, you’re probably worrying about the balances in your retirement accounts. You’re not alone. Nearly 50% of …
Long Term Care Riders Explained
If you’ve been paying for life insurance for years, or even decades, you have built up a valuable asset that …
Lapsation in Life Insurance
If the policyholder’s health has significantly changed, they may be rejected and need a new policy. The circumstances that would …
Cash in Life Insurance Policy
Surrendering Your Policy Surrendering your policy is another option. In this case, you inform the insurance carrier that you want …