Discover how credit life insurance pays off debts upon a borrower's death, why it's beneficial, and who should consider it. Understand its pros, cons, and alternatives.
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Life Insurance And FAFSA Rules Explained

Key Points ・The FAFSA does not count the cash value of a life insurance policy as an asset. ・A life insurance payout may count as income if it’s reported on your tax return. ・Once that payout sits in ...