Life Insurance Options for Tough Times

Katt, Peter C.
March 2009
Journal of Financial Planning;Mar2009, Vol. 22 Issue 3, Special section p36
Academic Journal
The article discusses ways that life insurance can help investors who are looking for ways to ease their financial burdens. Various options are discussed. These include term insurance, which does not generate cash value the way permanent policies do. If cash value policies are needed, is is said that they should be low expense, in order to afford liquidity. If permanent policies are in place, then borrowing or withdrawal of cash value, or skipping some premiums, are all possible. Examples are provided to explain these ideas in specific and practical terms.


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