Learning more about STOLI empowers you to protect yourself from insurance scams. It may also clarify how you can legally sell your life insurance for top dollar. Read on for a full review of what STOLI is and what it isn’t.

Yes, you can have more than one life insurance policy. There are no legal restrictions on the number of life insurance policies you can hold, though there could be financial limitations. That’s not to say it’s a bad idea to have multiple life insurance policies — two or more layers of coverage may be the right strategy for you. It really depends on what you need financially and what you can afford.

What happens when you cancel life insurance? Unfortunately, that’s not a simple question to answer. Your coverage might end immediately, or it might not. Plus, you may or may not receive a refund of the premiums you’ve paid. These details hinge on the type of policy you have and how long you’ve had it.

Life insurance is a financial parachute of sorts. But it can take years to prep that parachute to deliver a soft landing, for beneficiaries or for the policyholder later in life. On permanent and term life policies, the policyholder could pay premiums for decades before the family or insured sees any return from that investment.

You can step into that advisory role with a structured and proactive conversation with your clients when they are renewing their life insurance policy. Here are six questions to ask during life insurance renewal to move your clients into the type and level of life insurance that will help them reach their financial goals.

Find out what reverse life insurance really is, what the benefits are, how it differs from a life settlement, and the various reverse insurance options you have.