The Florida Supreme Court recently held that life insurance policies procured by investors through a STOLI scheme did not violate Florida’s insurable interest statute and could not be challenged after ...

The plaintiff, a business that operated as a hotel, purchased insurance from the defendant intending to cover loss or damage to both its hotel and an adjoining restaurant property. The restaurant ...

Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

Life insurance isn’t just for protecting your own financial future; you can also purchase policies for others, provided you have insurable interest and their consent. Insurable interest is a key ...

In the aftermath of the financial crisis in 2008, interest rates steadily decreased and hovered around historical lows. Given that the general account investment portfolios of life insurance companies ...

When it comes to estate planning, wealth transfer planning and business transition planning, life insurance plays a crucial role in providing financial security and ensuring a smooth transfer of ...

ATLANTA--(BUSINESS WIRE)--March 24, 2006--The Life Insurance Finance Association (LIFA) represents the life insurance premium finance industry and other life insurance, financial planning and loan ...

When you purchase a fire insurance policy, you are essentially buying financial protection against losses caused by fire or related perils. But not everyone can insure every property. To make a fire ...