What Is A Suicide Clause For Low Cost Life Insurance?
Life insurance policies are set up to pay out death benefits should anything happen to the policy holder and the payment proceeds go to the policy’s beneficiaries, who are chosen …
Category: Life Insurance
What Is A Limited Pay Life Insurance Policy?
Limited pay life insurance is a type of permanent life insurance. With limited pay all of the premiums are paid over a specific period of time, usually 10, 20 or …
What Does Permanent Life Insurance Mean?
Permanent life insurance is a type of life insurance that is kept for the life of the policy holder and paid out upon the death of the policy holder or …
What Is A Tax Free Death Benefit For Life Insurance?
Life insurance can be very confusing. There is so much to learn before making a final decision. When tax concerns come up, figuring it all out may seem downright overwhelming. …
What Is A Level Premium Term Life Insurance Policy?
Term Life Term life insurance is life insurance that provides coverage for a fixed rate of payments for a limited period of time also know as the relevant term. When …
What Is Split-Dollar Life Insurance?
Split-Dollar Life Insurance A split-dollar life insurance policy is a policy where the premiums and the death benefits/cash value are split between two parties. This arrangement is most commonly seen …
Is Whole Life Insurance A Good Investment?
Whole life insurance is a type of permanent life insurance. A whole life policy has a standard premium for the life of the policy and a cash value table built …
Do I Have To Pay Taxes On Life Insurance?
The possibility of having to pay taxes on a life insurance policy is a question that could conceivably be answered in a number of ways. The details of all of …
New Technologies Simplify The Way Consumers Purchase Term Life Insurance!
Consumers are seeking information online: Internet shoppers may discover a whole new buying experience as life insurance carriers roll out new technologies to defray the cost of distribution and improve …
What Are The Different Types Of Whole Life Insurance?
Whole life is a type of life insurance that lasts for the policy holder’s entire lifespan as long as the premiums are paid on time. Most insurance companies require the …