Your Options Before Selling Your Life Insurance Policy

Your Options Before Selling Your Life Insurance Policy

Rising healthcare costs may make it difficult for retired individuals to stay current on other payments.

Some turn to their mortgage loans or insurance premiums for relief, eliminating any investments they don’t deem necessary. Those considering this approach should reevaluate their options, according to a recent report by the Napa Valley Register.

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Are life insurance benefits taxable?

Are life insurance benefits taxable?

Life insurance is widely recommended as an important financial protection for families in the event that a parent or other provider dies prematurely. However, people who do end up as the beneficiaries of a life insurance policy may not always know how to proceed when it comes to taxes.

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