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PostMost people own some form of life insurance. If you own term insurance, basically, you are paying for a death benefit that will expire at...
Most people own some form of life insurance. If you own term...
PostWhen a person with a life insurance policy dies, there is a lot of confusion about the taxation of the proceeds. The tax consequences of...
When a person with a life insurance policy dies, there is a ...
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PostThe Servicemembers’ Group Life Insurance, commonly known as SGLI, does cover a military death, but many private life insurance companies do not. When making a...
The Servicemembers’ Group Life Insurance, commonly kno...
PostLife insurance provides financial security to your spouse or children in the event of your death. The insured pays monthly premiums, and if the insured...
Life insurance provides financial security to your spouse or...
PostFuneral expenses can be shockingly expensive. Many people who are caught unaware by a sudden or unexpected death find their savings account depleted by caskets,...
Funeral expenses can be shockingly expensive. Many people wh...
PostLife insurance settlements, also called “life settlements,” are transactions whereby an older person sells his or her life insurance policy for a portion of the...
Life insurance settlements, also called “life settlements,...
PostHave you ever wondered exactly how a life insurance company knows that a person has actually died before paying out a claim? What would happen...
Have you ever wondered exactly how a life insurance company ...
PostWhen a person who is covered by an insurance policy commits suicide, it can change the way in which the claim for death benefits is...
When a person who is covered by an insurance policy commits ...
PostWhen a person dies and a life insurance benefit is paid, a question that often arises is, “Can a creditor, such as the IRS, seize...
When a person dies and a life insurance benefit is paid, a q...
PostOnce a beneficiary is named on a life insurance policy, the general rule is that only the owner of the policy can change who receives...
Once a beneficiary is named on a life insurance policy, the ...
PostIf one of your family members has died and you do not know much about the person’s financial affairs and provisions for the estate, you...
If one of your family members has died and you do not know m...
PostWhen a person dies who is the insured subject of a life insurance policy, the family members who are beneficiaries have the responsibility to contact...
When a person dies who is the insured subject of a life insu...
PostLife insurance premiums are the payments you make on a life insurance policy to continue the policy in force, in anticipation of a death benefit...
Life insurance premiums are the payments you make on a life ...
PostOne of the primary and simplest questions most people have about their life insurance policies is how much of the money they have paid premiums...
One of the primary and simplest questions most people have a...
PostIf you are the beneficiary of a life insurance policy, the most important question you may have is, “Will I be taxed on the proceeds...
If you are the beneficiary of a life insurance policy, the m...
PostLife insurance is the very best way to provide an “instant estate” for your family if you die unexpectedly. Term policies are relatively inexpensive, and...
Life insurance is the very best way to provide an “instant...
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