Life insurance isn’t just about protection; it’s a gateway to financial strategies that go beyond security. Enter the world of overfunding life insurance—a smart, often untapped approach transforming policies into wealth-building tools. Padding more than the minimum premium, fueling your policy’s growth like turbocharging an engine. But what exactly is overfunding? How does it … Read more
© 2023 Haven Life Insurance Agency, LLC A medical exam is required for most Haven Term applicants, but never for Haven Simple. Haven Term is a Term Life Insurance Policy (ICC21 HAVEN TERM in certain states, including NC; HAVEN TERM CA21 in California) issued by C.M. Life Insurance Company (C.M. Life), Enfield, CT 06082. … Read more
Before buying life insurance, you need to understand how it works, even as circumstances in your life change. Transferring ownership of a life insurance policy is one strategy for adapting to those changes. For example, if your attorney suggests creating a life insurance trust, signing over your policy might be necessary. Similarly, you might … Read more
As a financial dependent, you might wonder what will happen to you if the person supporting you dies. Or, perhaps you lost someone recently, and you’re wondering whether they had a life insurance policy whose payout can be used to cover their funeral costs, and help support family members after their death. Either way, … Read more
In the ever-evolving landscape of the insurance industry, the management of policies has undergone a remarkable transformation. With technology becoming an integral part of every industry, insurance agencies are now navigating the new waters of insurance policy management, leveraging digital tools to enhance efficiency and provide unparalleled customer experiences. In this era of digital … Read more