Latest News in Life Insurance – May 21, 2010
May 21, 2010 by Webmaster
Filed under Whole Life Insurance
Make Sure Your Life Insurance Policy Doesn’t Affect … – ElderLawAnswers.com
19 May 2010 at 9:04am
You should make sure your life insurance policy won’t have an impact on your estate’s tax liability. If your spouse is the beneficiary of your policy, then there is nothing to worry about. Spouses can transfer assets to each other tax-free.
Column: Term life versus group mortgage life insurance – marshfieldnewsherald…
15 May 2010 at 1:31am
There are things to consider in comparing term life insurance to the group mortgage life insurance offered by many financial institutions. Group mortgage life policy* The financial institution is the automatic beneficiary for the amount due. Policy …
Three Reasons Recent College Graduates Need Life … – PRLog (free press rele…
20 May 2010 at 4:24am
A life insurance policy, in at least the amount of the loan would allow the co-signer to pay it off without financial burden. “Just remember to assign the co-signer as the beneficiary on your policy,” says Udell. 2. Lock in insurability …
Jury convicts man in attempted strangling of psychiatrist – Columbian
20 May 2010 at 5:17pm
Testimony at trial indicated Aquil was visiting his cousin last spring when, as the prosecution alleged, he schemed to kill Maletzky for his $2.5 million life insurance policy for which the cousin was a beneficiary.
Income Tax Tips for Corporate and Individuals – Associated Content
20 May 2010 at 2:18pm
Are the Proceeds from a Life Insurance Policy Subject to Income Tax? Generally you do not have to pay income tax on the proceeds you receive as a beneficiary from a life insurance policy upon the death of the insured. There are special rules for …
Your Life As Collateral. – DAILY KOS
17 May 2010 at 7:55am
Then, I will require you to purchase a life insurance policy for the loan amount (including interest and fees), that makes me the beneficiary should you die before the loan is repayed. Don’t worry…this is will only exist until the loan is repayed …
Buying term insurance is a lifetime investment – Daily Local News
19 May 2010 at 3:06am
Should we continue to put money into a term life insurance policy that we have been paying on for many … You have to determine whether you want to have that insurance protection for the beneficiary of these policies. If not, then by all means, you …
Hopper Divorce Pits Older Kids Against 7-year-old Daughter – ABC News
14 May 2010 at 11:41am
Less than three months after Hopper filed for divorce on Jan. 14, he filed a motion to change the beneficiary of his life insurance policy. In previous court documents, Hopper justified the change by claiming that his daughter Galen would be well …
Preplanning and prepaying for funeral services is growing, despite … – Busi…
13 May 2010 at 4:57pm
If prepayers already have an existing life insurance policy, they might consider changing the beneficiary to the funeral home, he said. “If you have existing life insurance policies, that’s a good tool,” he said. But you wouldn’t want to …
How life insurance can be a vital part of your retirement planning – Smart Bu…
14 May 2010 at 2:51am
… people view life insurance only as a necessary evil. The primary purpose of life insurance initially was to create an immediate estate in the event of an untimely death to help cover the economic loss suffered by the beneficiary … policy, we …
