Category: Ascendant Financial Services

Life insurance is more than a safety net for your loved ones. It’s a financial tool you can use during your lifetime for both essential and discretionary purchases. With a properly structured participating whole life insurance policy, you can build a cash value, which you can borrow against for any purpose (from repaying a debt…

What is Mortgage Life Insurance Mortgage lenders and banks offer consumers mortgage life insurance which is meant to clear off a family’s mortgage balance should the borrower(s) die. While this is a convenient option to consider, like anything, there are pros and cons. In the case of mortgage life insurance, the risk and absence of…

Participating policy – What to expect. A participating policy is an insurance contract that pays dividends to the policy holder. Dividends are generated from the profits of the insurance company that sold the policy and are typically paid out on an annual basis over the life of the policy. Most policies also include a final…