Steps To Choosing Which Life Insurance Company Is Best For You

Steps To Choosing Which Life Insurance Company Is Best For You

Selecting one life insurance company out of a pool of over 1,600 companies can be an overwhelming task, but with the assistance of some common-sense guidelines this process can become more manageable. The first step should always be to determine your life insurance needs.

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How Long Will You Live?

How Long Will You Live?

The American Council of Life Insurers defines life insurance companies grouping individuals into pools in order to share the financial risks presented by dying prematurely, needling long term care or becoming disabled.

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How Are Taxes Impacted By An Insurance Company Monetary Settlement

How Are Taxes Impacted By An Insurance Company Monetary Settlement

There are certain tax consequences that come from getting a monetary settlement, which need to be addressed when preparing your annual income tax return. Policyholders eligible for compensation are usually given several options – depending on their life insurance company. The tax ramifications will also depend on the method you choose.

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What Can Trump Do To Medicaid Without Congressional Support?

What Can Trump Do To Medicaid Without Congressional Support?

After the Senate fell short in its effort to repeal the Affordable Care Act, the Trump administration is poised to use its regulatory powers to accomplish what lawmakers could not: shrink Medicaid. President Donald Trump’s top health officials could engineer lower enrollment in the state-federal health insurance program by approving applications from several GOP-controlled states eager to control fast-rising Medicaid budgets. Indiana, Arkansas, Kentucky, Arizona and Wisconsin are seeking the administration’s permission to require adult…

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What Is An Attending Physician Statement

What Is An Attending Physician Statement

When a medical exam and questions is part of the life insurance application this is a standard way to obtain information from a doctor or medical facility.

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Know This Before Disputing A Life Insurance Beneficiary – It’s An Uphill Climb

Know This Before Disputing A Life Insurance Beneficiary – It’s An Uphill Climb

You hired a divorce attorney, split your possessions amicably, remarried, and lived happily ever after for 30 years. Everything’s been taken care of, right? Wrong.

Did you remember to change the beneficiary on your life insurance policy? If not, there’s a good chance your life insurance proceeds might go to your previous spouse, leaving your current partner with nothing more than a pile of bills.

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Insurance for Workers Overseas in High-risk Professions

Insurance for Workers Overseas in High-risk Professions

Whether you’re headed to Haiti as a volunteer helping to restore the earthquake-ravaged country, or to Iraq as an employee rebuilding its infrastructure, or even off the shores of Somalia as ship crewmember and scuba diving adventurist, you or your boss will most likely be looking at higher premiums — if you can get life insurance at all.

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No Ginkgo Biloba – But These Preventive Measures Could Slow Down Dementia

No Ginkgo Biloba – But These Preventive Measures Could Slow Down Dementia

In a landmark report, scientists have endorsed three strategies for preventing dementia and cognitive decline associated with normal aging — being physically active, engaging in cognitive training and controlling high blood pressure. This is the first time experts convened by the National Academies of Sciences, Engineering and Medicine have deemed scientific evidence strong enough to suggest that preventing dementia and age-related cognitive decline might be possible. Seven years ago, in a separate report issued by…

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Is Your Tap Water Killing You? Visit This Online Tool and Find Out

Is Your Tap Water Killing You? Visit This Online Tool and Find Out

You’ve likely read about the horror story that is the Flint Water Crisis, so what sort of contaminants might be in your drinking water? Now the Environmental Working Group is offering a tool to help you find out with their Tap Water Database. If you live in the U.S., you can simply enter your zip code – or the name of the local utility – to find out the content of your tap water. EWG is an…

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What Is An Irrevocable Life Insurance Trust

What Is An Irrevocable Life Insurance Trust

Historically, one of the main reasons to set up an irrevocable trust has been to avoid or minimize any potential estate tax, but now there are other planning purposes for these trusts. An advantage of life insurance trust is that it removes the life insurance from the estate of the insured. You should carefully consider who the trustee is and discuss the ramifications with your attorney.

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