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  2. 6 things to do after completing a balance transfer - AOL

    www.aol.com/finance/6-things-completing-balance...

    When I performed my balance transfer with the Citi Simplicity® Card* for $4,000, I had a balance transfer fee of $200 and an intro APR period of 21 months. So I divided $4,200 by 21 months and ...

  3. Pros and cons of a balance transfer - AOL

    www.aol.com/finance/pros-cons-balance-transfer...

    The low or zero percent introductory annual percentage rate (APR) could help you pay off your credit card balance faster, save you money on interest and even improve your credit score. But despite ...

  4. Need another balance transfer? Don’t feel ashamed - AOL

    www.aol.com/finance/another-balance-transfer-don...

    In this case, another balance transfer could help you buy more time, as the best balance transfer cards offer up to 21 months interest-free. There’s no shame in taking advantage of the financial ...

  5. Endowment policy - Wikipedia

    en.wikipedia.org/wiki/Endowment_policy

    An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. [ 1 ] [ 2 ] These are long-term policies, often designed to repay a mortgage loan, with typical maturities between ten and thirty years within certain age limits.

  6. Corporate-owned life insurance - Wikipedia

    en.wikipedia.org/wiki/Corporate-owned_life_insurance

    Although the 4 out of 7 test was exploited in the 1980s by businesses seeking to in effect pay for insurance on employees/shareholders, e.g., on a deductible basis, the introduction of the US$50,000 cap/insured in 1986 in turn led to the creation of broad-based leveraged COLI transactions, i.e., those in which the employer would purchase life ...

  7. Life insurance trust - Wikipedia

    en.wikipedia.org/wiki/Life_insurance_trust

    A life insurance trust is an irrevocable, non-amendable trust which is both the owner and beneficiary of one or more life insurance policies. [1] Upon the death of the insured, the trustee invests the insurance proceeds and administers the trust for one or more beneficiaries.