How do I cancel Flexible Premiums?

What is the difference between Beneficiaries and other options?

How does Policyholders work?

Money worth is a living advantage that continues to be with the insurance provider when the insured passes away. Any superior financings versus the money worth will certainly reduce the policy's fatality benefit. Policyholders. The policy owner and the insured are normally the same individual, but occasionally they may be different. For instance, a service might buy crucial person insurance policy on an important staff member such as a CEO, or an insured might offer their own policy to a third event for money in a life settlement.