noun
1.
A Policy is the contract between the insurer and the insured (the policyholder), detailing the rights and responsibilities of both parties. The Policy outlines pertinent information about covered Risks, Premiums, Deductibles involved, as well as other relevant details.
Later in life, the pros and cons of different life insurance policies are important considerations for married couples. It's vital to choose a life insurance policy that suits your unique circumstances.
This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely.
Some people may want a more advanced gifting strategy that can maximize their gift and generate potential tax benefits.