#policylapse

[selkyle24]

The Danger Zone Before a Policy Lapse

Did you know? Your life insurance policy could be taking on water without you knowing it. A positive statement doesn't always mean it’s healthy. So, check your internal costs before the entire ship sinks.

[selkyle24]

The Silent Policy Lapse Risk of UL Insurance

Universal Life insurance is often sold as a flexible, permanent solution. But if your policy is underperforming relative to your original illustration, your current payments might not be enough.

Take control of the math and learn the silent lapse risk warning signs. Adjusting your strategy now is cheaper than rescuing your policy down the line.

[selkyle24]

How Reinstatement Works — and When It’s Worth It

Has your life insurance policy lapsed? Don't panic! Here’s the 30-second fix:

Act fast: Most windows close after 2–5 years.

Pay back: You'll owe missed premiums + interest.

Health check: Your original rating age will apply, but new health risks can change your premium.

[selkyle24]

Read this Before You Cancel your Life Insurance

Thinking about how to cancel your life insurance policy? Don’t cancel yet! Letting your policy lapse vs. cancel isn’t as straightforward as it seems.