Because life insurance is personal property, it can be sold just like any other piece of property you would own. Selling your life insurance policy to a third party gives you more cash versus surrendering it to the insurance company, but this value is less than the death benefit amount. The buyer of the policy
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There are three places people lean on for income during retirement. This includes pensions, assets and Social Security. That said, about one-third of Americans currently draw income from pensions and only a little more than half gain income from assets. Taking these stats into consideration means that half of all Americans retirement income is in
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