This is a thorough collection of Life Insurance industry articles for your review.
A spouse’s premature death can have a long-term financial impact on you. Even five to seven years after a spouse’s death, more than one-third (36 percent) of individuals surveyed say they remain financially vulnerable.
Read More
New York residents will now be able to use some of their life insurance policy to cover long-term care expenses, according to a press release.
“By passing this law, we no longer burden taxpayers with the long-term care expenses needed by the growing senior population and we’ve given thousands of seniors a creative and costsaving way to cover their care,” said state senator Jeff Klein.
Read More
If you want to make ensure that your estate is to your heirs instead of to the IRS, consider purchasing a guaranteed universal life survivor (GULS) plan. GULS is a special type of insurance, sometimes called “second-to-die life insurance” designed to provide funds after the second insured dies.
Read More
This month celebrate the 11st anniversary of Life Insurance Awareness Month.
Read More
The life insurance industry has developed in complexity and diversity over the years. When life insurance policies were originally created, they were insurance vehicles but over time, they’ve also become investment vehicles. Ultimately, all of this leads to a complex tax structure.
Read More
During the underwriting process, an insurance company will determine whether or not you qualify for life insurance and, if so, at what rate classification. At this point, the company may determine that the applied for coverage cannot be issued due to an applicant’s health or lifestyle risks. If that’s the case, the company is likely to offer the applicant insurance on a modified (i.e., rated) basis.
Read More
In the 1960’s, Bob Dylan sang, “The times they are a changing.” For many of the Baby Boomers who heeded that call, the times have definitely changed, especially the state of the economy.
Read More
Hawaii joins nine other states that have passed legislation-prohibiting minors under the age of 18 to use indoor tanning beds, which is aimed to protect their health.
Read More
Gold is one of those commodities that some investors stockpile because it is a more solid investment during times of economic strife, but cash value life insurance may be a more effective alternative.
Read More
Buying life insurance is one of the most important decisions you’ll ever make for your family and should be made with a company that your family can trust.
Read More
Selling one’s life insurance policy for a life settlement is a good
Recently, the CDC announced that accident was now the #1 leading
