Collateral assignment enables you to use your life insurance as collateral for a loan. This allows you to be approved for a loan if you don’t want to put your other assets at risk. Here is how ...

Life insurance protects a policyholder’s loved ones when they pass away. But life insurance may also come in handy during the policyholder’s lifetime if they want to apply for a personal loan. Some ...

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, ...