Corporate-Owned Life Insurance (COLI) – Could Your Corporation Benefit? Corporate-Owned Life Insurance (COLI) policies are designed for corporations and partnerships to have flexible life insurance policies where they are both the owner and the beneficiary. You may be interested in securing such policies for your corporation if you want to informally fund a Deferral and Supplemental Executive Retirement Plan (SERP). Your...more
Evaluating Life Insurance Needs – What Mistakes to Avoid If you are interested in getting a life insurance policy, you have already avoided the first big mistake in regards to life insurance, which is the failure to consider it as a worthwhile option. Life insurance brings the truth of mortality into the forefront of your thoughts, but pretending that you will live forever is not a realistic way to view your life. You need to...more
Life Insurance and Taxation – Know the Particulars Life insurance is advertised as being "generally" free from taxes. This means that the funds paid out from your policy—either the death benefit itself or cash value if you have a policy that this applies to—are tax free in most situations. However, unless you take the right approach, certain kinds of taxes may apply depending on your situation. Here are some of the particulars you will be interested to know. Estate taxes will not apply to the death benefit itself unless the insured possesses incidents of ownership. This is easily avoided. However, estate taxes are still of interest to life insurance policy holders because life insurance may be obtained in the first place to help offset estate taxes that heirs will be subject to when their parents die. If the benefactors receive a property or other non-monetary form of inheritance, there may be no funds with which to pay estate taxes. To avoid liquidating the inheritance for the sake of paying taxes, beneficiaries can use the funds paid out from the life insurance policy to cover these costs. Income taxes are of interest in various areas of life...more
Defining Long Term Care Insurance Although the benefits of long-term insurance are often discussed in many online and printed publications, most Americans have little knowledge on how this type of insurance exactly works and how long term care cost can affect them.Statistics shows that more and more people in the United States are...more
13-information on international travel insurance How great isn't it to walk onboard a airplane, sit down in a good and relaxed chair, lean yourself again and get started to your tour to a brand new, odd and exotic international? Think about the freedom you feel when the airplane lifts off and all the expectations and interest that...more
Insurance for Pregnant Women: Most Important for Mother and Baby If you are pregnant, then you must have insurance for pregnant women. This insurance is a real help for all the pregnant women who are few months away from motherhood. One must be eager to know about the benefits of the insurance for pregnant women. One must be happy to know that insurance is made to cover all the travel as well as medical expenses that include maternity costs as well.Pregnant women must avail an appropriate insurance policy that will help them to handle uncertainties, meet medical expenses and miss-happenings. To deliver healthy a baby, pregnant women require routine medical checkup which can help her to know the condition of her pregnancy. The medical checkup require good amount of money that can't be easily afforded by women of low incomes. With the help of insurance, a pregnant woman can easily meet all the expenses related to medical checkups.If you are unaware as where to get the insurance, then you must know that there are large numbers of reputed insurance companies as well as financial institutions available to avail the insurance for pregnant women.A little search online can...more
The Downsides Of AARP Daily life Insurance Despite the fact that AARP lifestyle insurance coverage is a very well-identified lifestyle insurance item, there are a variety of significant drawbacks that can stop a lot of from obtaining...more
Long Term Care Insurance Features and Riders Aside from filling out application forms and listening to a long discussion with the insurance agent, many consumers fret all those puzzling bells and whistles that are pegged in most long...more
Various Long Term Care Insurance Riders Long term care insurance is one of the most complicated types of insurance found in the market today. However, this is a special type of protection that covers the staggering costs of care for...more
Why Insure for Future Care? Have you ever experienced caring for an old and frail spouse, parent, sibling, or loved one? If yes, you are surely aware of the problems associated to caring for the elderly, more particularly if financial...more
Insurance software is changing the industry for good The web world or more precisely the online business world is going through a transcendental phase. We all are inside a very competitive market and so to keep up with the competition,...more
Getting Married? Buy Travel Guard Wedding Insurance If you're getting married, consider buying wedding insurance to provide financial security to the biggest event of your life. Your wedding is the most special event of your life when...more