Life insurance death benefit claims are rarely taxable if planned properly. Sometimes, the insured person can pass the money on to their heirs tax-free. However, to pass the money on to your beneficiaries tax-free by bypassing the estate, your beneficiary must be a living person. Otherwise, the money will go through probate. Listed below are…
Short Term Life Insurance benefits vary depending on state laws and insurance companies, but the policy limits, costs, and requirements are similar. There are a few factors you should know before purchasing a short term life insurance policy. While this insurance may not be the ideal solution for everyone, it can be a temporary solution…
If you want life insurance, consider Guardian Life Insurance Company of America. They are one of the largest mutual life insurance companies in the world and are headquartered in Manhattan. They have over 8,000 employees in the United States a network of more than 3,000 financial representatives and 70 insurance agencies nationwide. Learn more about…
The AIG American General life insurance company has been protecting families for nearly a century. They’ve kept their Houston base, but their simple operation hasn’t changed much. In this article, we’ll discuss guaranteed issues whole life, term life, and Indexed universal life with cash value. This is a general guide to all three types of…
State Life Insurance Corporation of Pakistan, commonly known as SLIC, is one of the largest life insurance companies in the country. Its vast network of insurance agents has over 200,000 sales people and provides coverage to individuals, families, and businesses. The company is the largest life insurance provider in Pakistan by assets. SLIC offers a…
What is Scotia Life Insurance? This article explains the benefits of ScotiaLife Financial’s life insurance, how to get it, and how to determine if you qualify. This insurance provides your beneficiaries with a death benefit through accidental death coverage. You can purchase up to $350,000 in coverage. Beneficiaries will receive a lump sum of coverage…
The class action lawsuit against Prudential Life Insurance highlights concerns about Misrepresentations, enhanced risks, agent compensation systems, and illustrations of APP policies were some of the topics raised in the class action lawsuit. The claims result from a nationwide sales force that was allegedly trained by Prudential and individual defendants. The lawsuit alleges that the…
Almost every Lumico Medicare Supplement claim will be denied if the applicant has rheumatoid arthritis. But Lumico will not automatically deny you if you have this condition. Instead, they will ask about the severity of your disease and whether it limits your ability to perform daily activities. They will also ask about any surgeries or…
While all Hippo partners do not offer Funeral Cover For Over 80 those old, you can find affordable life insurance for this demographic. You can also purchase life insurance through a Hippo partner if you can demonstrate insurable interest, meaning you’re financially dependent on a family member and would suffer financial loss if they died….
A person looking for affordable insurance should consider a whole life insurance policy. This type of policy covers various issues, from affordability to competitive pricing. Consumers should also consider the equitable life insurance company customer service. There are many other factors to consider before choosing a life insurance policy. This article will discuss some of…
