life insurance
Life Insurance for Your Mortgage?
Many people have heard of private mortgage insurance, which pays your lender if you default on your mortgage, but what can you do to make sure your mortgage is paid off if you die? One answer is mortgage protection life insurance, and it’s essentially just another kind of life insurance. Originally, mortgage life insurance policies […]
Read moreFriday Filmstrips: Life Insurance is for Life’s Unscripted Plans
Alliance Insurance is sharing a series on why life insurance exists, and how it’s meant for life’s “unscripted” plans. We liked their ad enough to share it:
Read moreAffordable Life Insurance and Chronic Conditions
It’s a common myth that that certain conditions prevent you from getting life insurance. These conditions include: heavy smoking alcoholism asthma mental illness (including clinical depression) cancer a heart condition The reality is that there are life insurance programs that will sell you coverage with any of these conditions, but you’ll have to do your […]
Read moreIncome Taxes and Employer-Owned Life Insurance
It’s almost February, which means everyone should be receiving their w-2s and 1099s if they haven’t already. While we don’t cover tax issues as a general rule, we think it’s worth mentioning the way death benefits from corporate- or business-owned life insurance are handled. Before 2006, death benefits from the types of life insurance mentioned […]
Read moreLife Insurance Helps Benefit Charities
If there are charities you’ve supported during your life, its absolutely appropriate to want to support them after you’re gone, with a final bequest. One way to do this is to use your life insurance policy. By leaving your life insurance death benefit to the charitable organization of your choice, you’ll be able to make […]
Read moreFriday Filmstrips: Suze Orman on Life Insurance
Life Insurance is a tricky thing, and while we don’t necessarily agree with Ms. Orman 100%, we think her perspective is worth sharing. What do YOU think? Is Term Life the only way to go???
Read moreFriday Filmstrips
Want a scary statistic? 62% of bankruptcies are related to medical bills. Did you know that if you have life insurance with living benefits you could keep yourself out of bankruptcy? This week’s Friday Filmstrip explains:
Read moreTips for Choosing a Life Insurance Website
There are a ton of websites out there offering life insurance. Picking one as the source for your quote requires some analysis. Here are some tips: Choose one website that represents many major life insurance companies, rather than wasting your time going from site to site. Whether you go through a broker or directly to […]
Read moreEstate Taxes and You
So, unless a miracle occurs, at the beginning of next year, the Federal Estate Tax will revert to the rates that were in effect ten years ago, on January 1, 2001. By the numbers, this means that estates worth $1,000,000 will be taxed at 41%, those above $3,000,000 would be taxed at 55%, and the […]
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