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The Supreme Court is being asked to restore access to an abortion pill by mail. Here's what to know AP NewsAbortion Providers Forced to Adapt After Court Ruling Blocks Pill Access by Mail The New York TimesSupreme Court asked to pause ruling blocking telehealth and mail access to abortion pills NBC NewsCourt restricts abortion access across U.S. by blocking the mailing of mifepristone PBS
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CEO Greg Abel moves to assure Berkshire shareholders in a post-Buffett world, with record cash ReutersHere's how Berkshire Hathaway did in its first quarter without Warren Buffett as CEO CNNBerkshire Hathaway's cash surges in Abel's first quarter as CEO Yahoo FinanceBerkshire cash pile climbs to $380bn as stock sales streak hits 14th quarter Financial Times
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Gas prices are up across the country. Here's where you'll find the most expensive -- and cheapest -- gas ABC News - Breaking News, Latest News and VideosAmericans Spent $125 Million More on Gas Friday Than They Did a Week Ago WSJOil Prices Spike, National Average Up Nearly 30 Cents in One Week AAA Gas PricesCalifornians now paying 6 bucks a gallon for kicks on Route 66 Reuters
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Your life insurance monthly premium can start looking less and less appealing once you've retired. It's a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own parents. "The cost of the insurance had risen to the point where it was getting unaffordable. They were wondering do we really need to keep this coverage now that the kids are all grown up?"
If you stop paying your premiums, you lose your life insurance coverage, and your heirs wouldn't get anything back for what you've paid in. If you cancel a policy that has cash value, a reserve of money built up in some types of life insurance, the insurer sends you a check for that amount, though it will be far less than the listed death benefit.
Over the past 20 years, a third option went mainstream: selling your policy to a company, a practice known as a life settlement, with the buyer getting the death benefit when you die.
SEE MORE Don't Fall for That Life Insurance Ad on TV
"It's kind of morbid when you think about it. A group buys boatloads of policies from people that have fallen on hard times and can no longer afford their insurance," profiting from the seller's death, says Simon. "In theory, they want you to die tomorrow. If you live another 20 years, it's a bad investment for them."
Selling a life insurance policy generally isn't a great deal for you either, and there are better alternatives worth exploring. Simon finds that people typically turn to selling a policy when they're desperate. Usually, it's because they've spent down their other retirement assets, or they might be dealing with high medical bills. "It's a measure of last resort, like taking a reverse mortgage. I rarely see them working out well for people, and they could en
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