The top prize is $1,000 a day for life. It is payable as a for-life annuity (minimum of 20 years) of $365,000 per year or a one-time lump sum payment at the election of the winner. The amount of the ...

If you have a permanent life policy, it builds cash value, which you can borrow from. If you fail to pay back your life insurance loan with interest, the outstanding amount may be deducted from ...

The payout process depends on whether you have a term or permanent life insurance policy. Term policies offer straightforward payouts, while permanent policies involve a cash value component.

Explore life settlements, a little-known option to turn your unwanted coverage into a substantial cash payout. You may be surprised to know that over $140 billion of life insurance representing ...

Dan Azouri of Forest Hills, Queens, has claimed a $1,000 A Week For Life second prize for matching the first five numbers ...