People obtain life insurance policies as part of financial planning for their loved ones’ future. Life insurance protects those who rely on the insured’s ongoing financial support and will suffer in the event that this support is withdrawn....

The primary purpose of life insurance is to protect family members financially after their loved one’s death. However, a life insurance policy is not offering guaranteed protection. Even if they are valid, legally binding contracts, they are...

Life insurance is an important asset in protecting your family’s financial future in case of death. Many people obtain life insurance coverage through work because such policies are often inexpensive or free and do not require a medical exam....

A Minnesota woman was charged with defrauding Mutual of Omaha Insurance Company of more than $2 million in life insurance by making a fake claim about her husband’s death. According to the criminal complaint, the insured bought a life insurance...

The same-sex partner of a deceased employee of Edinboro University in Pennsylvania filed a lawsuit against Cigna for wrongfully denying his life insurance claim. He claims that Cigna denied his claim because it did not recognize him as the lawful...

How can termination of FEGLI coverage affect FEGLI Beneficiaries’ rights? Employees of the Federal Government are covered by group life insurance called FEGLI. When they apply for coverage, federal employees are required to complete a Designation...