Mutually Speaking


Receiving a Life Insurance Death Benefit

September 12, 2023

A life insurance death benefit is a sum of money that is paid out to a policy’s beneficiaries after the death of the insured. If there are multiple beneficiaries, the policy will state how much of the death benefit each person will receive – either a monetary amount or a percentage. If there is only…


Reasons You Need Life Insurance for Yourself

September 5, 2023

If you are an unmarried, childless individual, you may think that you don’t have much...

Tax Implications of 1035 Exchanges

June 1, 2023

Typically, when a policy owner withdraws money from or surrenders (cancels) a permanent...

What to Expect from a Life Insurance Medical Exam

May 24, 2023

When you apply for life insurance, you may be asked to undergo a medical exam. This exam...

Employer-Sponsored Group Term Life Insurance vs. Individual Life Insurance

May 12, 2023

When you start a new job, you may be given a benefits package that includes a life...

Understanding Family SGLI: Is It Enough?

May 3, 2023

Upon joining the military, a servicemember is automatically provided with $500,000 of...

Converting Term to Permanent Insurance

February 22, 2023

Term and permanent life insurance can play different roles in your insurance strategy....