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Home Education & Tips Archives for Brandon Renfro

Brandon Renfro

Brandon Renfro, PhD, CFP® is a financial advisor located in Longview, Texas. He specializes in assisting pre-retirees and retirees in tax-efficient retirement planning and income distributions. He has over 10 years of financial planning experience and is a former finance professor who brings a unique perspective that merges academic theory with practical application. Brandon has been published in the Journal of Financial Planning and has contributed to Fox News, Forbes, The Wall Street Journal, AARP, and others.

Articles

What Is Paid-Up Life Insurance?

<img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" sizes="(max-width: 40px) 100vw, 40px" />

By Brandon Renfro

September 19, 2024October 7, 2024

13 mins read

A paid-up life insurance policy is any policy where you’ve already paid the required premiums. Learn more about how it works and the pros and cons.

<img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow">

How to Handle Life Insurance and Divorce

<img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" sizes="(max-width: 40px) 100vw, 40px" />

By Brandon Renfro

August 6, 2024October 7, 2024

9 mins read

If you and your spouse own life insurance but part ways, you may wonder what to do with the policy. Here’s how life insurance and divorce generally work.

<img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow">

Should You Use Life Insurance for Retirement Planning?

<img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" sizes="(max-width: 40px) 100vw, 40px" />

By Brandon Renfro

July 25, 2024October 7, 2024

11 mins read

While it shouldn’t be your main source of income, here’s how you might use life insurance for retirement planning.

<img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow">

Your Guide to Life Insurance for a Child

<img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" sizes="(max-width: 40px) 100vw, 40px" />

By Brandon Renfro

July 19, 2024October 7, 2024

14 mins read

Getting life insurance for a child can have benefits. Here’s why you might want to consider life insurance for your child and how to secure coverage.

<img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img data-src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload"><noscript><img src="https://insights.colonialpenn.com/wp-content/themes/paragon-base-theme/assets/images/arrow-blue.svg" alt="right arrow">

Is Life Insurance Taxable?

<img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; 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By Brandon Renfro

July 17, 2024October 7, 2024

11 mins read

Is life insurance taxable? Not usually, but certain conditions may cause the death benefit or other policy aspects to become taxable. Here’s what to know.

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Understanding Collateral Assignment of Life Insurance

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--smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" sizes="(max-width: 40px) 100vw, 40px" />

By Brandon Renfro

July 4, 2024October 7, 2024

12 mins read

Collateral assignment of life insurance occurs when you use a life insurance policy to secure a loan. Here’s what you need to know.

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Understanding the Accelerated Death Benefit

<img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; 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By Brandon Renfro

June 18, 2024October 8, 2024

9 mins read

An accelerated death benefit rider allows you to receive a payout from your life insurance policy while living if you meet certain conditions. Learn more.

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Can You Borrow Against Life Insurance?

<img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; 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--smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" sizes="(max-width: 40px) 100vw, 40px" />

By Brandon Renfro

June 3, 2024October 7, 2024

12 mins read

If you own a permanent life insurance policy with cash value, you might be able to borrow against life insurance. Here’s what to know.

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Memory Games for Adults: What to Play and Why

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--smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40/40;" /><noscript><img width="40" height="40" data-src="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg" class="post-author-image-attachment lazyload" alt="Brandon Renfro headshot wearing dark blazer and white button down shirt" decoding="async" data-srcset="https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-40x40.jpg 40w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot-360x360.jpg 360w, https://insights.colonialpenn.com/wp-content/uploads/2024/04/Brandon-Renfro-Headshot.jpg 400w" data-sizes="(max-width: 40px) 100vw, 40px" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" style="--smush-placeholder-width: 40px; 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By Brandon Renfro

May 24, 2024August 1, 2024

4 mins read

Memory games for adults can slow the mental aging process. Here are four games to stimulate your brain and other activities to try.

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