Ways That You Can Prevent Type 2 Diabetes

Type 2 diabetes

Some health professionals at the front lines of the war on diabetes are pulling no punches in their assessment of the need for strong action by individuals to take care of their health.

In advance of the meeting of the American Diabetes Association this month, the Lancet journal ran an editorial highlighting the fact that while much progress has been made in the area of medicines that treat diabetes, far less has been made when it comes to lifestyle changes.

What You Need to Know About the Federal Transfer Tax System: Gift Taxes

Gift Tax basics

First instituted by the Revenue Act of 1924, gift taxes are incurred when there is a voluntary transfer (i.e., gift) of cash or other property from one individual to another that is less than fair market value.

The Internal Revenue Service (IRS) defines fair market value as, “… the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts.” Each individual is allowed to donate up to $13,000 in cash or property per donor annually without facing a tax, a practice commonly referred to as the annual exclusion.

Reducing the Risk of Heart Disease

Heart disease risk

Given the dramatic increase in life insurance premiums that a heart disease diagnosis can produce in the long term, it makes sense for individuals to do all they can to stay healthy.

How life insurance prepares policyholders for the unexpected

Life insurance prepares policyholders

Some recent medical trends offer additional insight into why even younger and healthier people should consider investing in life insurance policies to secure long-term financial stability for their families.

For example, the group Extending the Cure, which works to help improve the effectiveness of antibiotics, recently highlighted a study which found that 48,000 people in 2006 died due to sepsis and pneumonia generated by hospital-acquired infections. This resulted in about $8.1 billion in added health costs for the year.

Why Snowmobilers Need Life Insurance

snowmobile users and life insurance

Though consumers may enjoy a number of recreational activities during the winter, some are more dangerous than others, which could prompt people to make sure they have proper life insurance coverage.

What You Should Know About Life Insurance Riders

Life insurance riders

When you choose a life insurance policy you might want to consider additional coverage through a rider or waiver. Riders and waivers are a good way to streamline or enhance the benefits of a basic life insurance policy.