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My mother had bought universal life insurance (which I hate) and cannot leave until 2024 or be subject to a surrender charge. I notice that my life insurance company (Lincoln Benefit) has been sold to Resolution Life Holdings by Allstate. Is this an ominous sign? Should I take the loss and get out?
She bought the policy for me... I feel bad for her because her friend sold her this policy which was horrible... so I took over the policy because I didn't want her to waste her money on the useless policy...
I have not used, but heard good things about this service. They evaluate your specific policy and can make recommendations on what to do. EvaluateLifeInsurance.com
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