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  2. Can I convert my term life insurance to whole life insurance?

    www.aol.com/finance/convert-term-life-insurance...

    Yes, in many cases, you can convert your term life insurance into permanent coverage, such as whole life insurance. This option, often included in term policies, allows you to extend your life ...

  3. Parents regret taking out $150K whole life insurance policy ...

    www.aol.com/finance/parents-regret-taking-150k...

    If you're buying life insurance to protect your children financially, a 20- or 30-year term policy could suffice under most circumstances, since that carries you through to when they become adults.

  4. Life annuity - Wikipedia

    en.wikipedia.org/wiki/Life_annuity

    The majority of life annuities are insurance products sold or issued by life insurance companies however substantial case law indicates that annuity products are not necessarily insurance products. [1] Annuities can be purchased to provide an income during retirement, or originate from a structured settlement of a personal injury lawsuit. Life ...

  5. Retirement Insurance Benefits - Wikipedia

    en.wikipedia.org/wiki/Retirement_Insurance_Benefits

    For each month that the benefit is claimed before the month in which the person attains Full Retirement Age, the benefit is reduced by a certain amount of the PIA. For the first 36 months, the benefit is reduced by 5/9 of 1% of the PIA; for additional months it is reduced by 5/12 of 1%. The aggregate reduction for the first three years is 20%. [10]

  6. Can you take a life insurance policy out on anyone?

    www.aol.com/finance/life-insurance-policy-anyone...

    You may be able to take out a life insurance policy on someone else if you have the following relationships, as long as you would suffer a financial loss or undergo a financial hardship if they ...

  7. Employee Retirement Income Security Act of 1974 - Wikipedia

    en.wikipedia.org/wiki/Employee_Retirement_Income...

    ERISA also does not govern public pension funds, but it is often looked to for guidance regarding fund duties in addition to state pension codes. [19] A major limitation is placed on the insurance exception, known as the "deemer clause", which essentially provides that state insurance law cannot operate on employer self-funded benefit plans.