Have you ever heard of Single Premium Whole Life? This type of plan is permanent insurance, and the coverage lasts your entire life. One of the best aspects of this plan is that you only have to make one payment!
I’m the beneficiary on my dad’s life insurance, and he passed away. What do I need to do to collect? Do I report this “income” on my taxes? How much does a funeral cost? How are funeral expenses paid? My mother is not doing well since my dad passed away. What can I do to get ready?