Collateral assignment enables you to use your life insurance as collateral for a loan. This allows you to be approved for a loan if you don’t want to put your other assets at risk. Here is how ...

Steven J. Glaser of Moses & Singer discusses issues presented when a creditor wishes to take a life insurance policy as collateral, including the creation of a security interest in the policy, ...

Banks are in the business of managing money, but one of their lesser-known financial strategies involves something most people associate with personal planning: life insurance. Bank-owned life ...