Otherwise, any cash value that has accumulated over the course of the policy is added to the death benefit that is payable to the insured person’s beneficiaries. Universal life insurance is ...

The riders below are effective for accidental deaths on or after January 1, 2006. If an injury renders an insured person comatose within 90 days of the date of the accident that caused the injury, and ...

Key person insurance, or contract frustration insurance, is a crucial risk management strategy for startups that rely heavily on specific individuals for their success. This type of insurance ...

The company shall pay an indemnity determined from the Table of Losses if an insured person sustains a loss stated therein resulting from injury, provided: such loss occurs within 365 days after the ...

Seniors should look for high medical evacuation benefits, such as at least $500,000 per person. High limits for travel medical insurance are also critical—the best policies have at least $ ...