A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...
ANDOVER, MA, September 18, 2025 (EZ Newswire) -- For many entrepreneurs, securing financing through the Small Business Administration (SBA), opens new tab is a critical step in starting or expanding a ...
For an employer, split-dollar life insurance plans can be a useful way to attract and retain key hires. For employees, split-dollar plans can be a valuable estate-planning vehicle for employees ...
Steven J. Glaser of Moses & Singer discusses issues presented when a creditor wishes to take a life insurance policy as collateral, including the creation of a security interest in the policy, ...