Our EVP Weighs in on What to Know When Taking Out a Life Insurance Policy on Someone Else
Recently our Executive Vice President of Distribution and Business Development, Joshua Police, was interviewed for a Fortune article on what to know when taking out a life insurance policy on someone else, specifically weighing in on how life insurance policies really work.
Josh explains that a life insurance policy is a contract between a life insurance company and policy owner.
The death benefit is the money that gets paid to the policy’s named beneficiaries if the insured dies.