Final Expense Insurance
February 25, 2011 by admin
Filed under Other Types of Life Insurance
About Burial Insurance and Why You Need It Ever thought of buying a burial insurance policy? Well, funeral costs have gradually been increasing and you need to consider this issue seriously. You would not want to leave your relatives and friends with a financial burden at the time of your death. Therefore, it is extremely […]
Key Man Life Insurance Quotes
February 25, 2011 by admin
Filed under Other Types of Life Insurance
Keyman Life Insurance Key man insurance is insurance purchased on the life of an employee or owner of a company. The intent is to cover expenses incurred as a result of the death of a key employee. Some examples are: •lost sales or revenue •hiring of interim staff until a permanent replacement is found •costs […]
Return of Premium Life Insurance
February 25, 2011 by admin
Filed under Other Types of Life Insurance
Here is how it works….you decide to purchase term life insurance on your life. Your agent tells you about a new plan that will cost a little more that the term insurance you were going to buy, but this insurance policy guarantees that if you die your family will receive the full face amount of […]
1035 Transfer
February 25, 2011 by admin
Filed under Other Types of Life Insurance
1035 refers to a provision in the tax code which allows for the direct transfer of accumulated funds in a life insurance policy, endowment policy, annuity policy to another life insurance policy, endowment policy or annuity contract without creating a taxable event. Title 26, Subtitle A, Chapter 1, Sub chapter O, Part III, Section 1035 […]
