Tag: life insurance policies
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Saving for College: 529 vs. Life Insurance
Important things to know… The 529 plan for saving for college is a time-tested method of accumulation and is available in all states. The money in a 529 is not deductible, but the earnings are not taxed as the money accumulates The investments that a …
→ Read MoreAttending Physician Statement for Life Insurance Policies
Important things to know… The attending physician’s statement or APS is a vital document for the underwriting process to function In times past, the APS took a very long time to receive and process due to the nature of delivery systems, in gene …
→ Read MoreCan I buy life insurance on my dog?
Important things to know… Life insurance for dogs is not the same as life insurance for humans Typically, life insurance benefits for a dog’s life is only available as an add-on to dog health insurance coverage Dog life insurance is usually off …
→ Read MoreCan child support take my life insurance money?
Important things to know… Government agencies have wide authority as far as the collection of delinquent child support payments As a rule in most states, death proceeds from life insurance are exempt from the claims of creditors Creditors are able to …
→ Read MoreCan I get life insurance when pregnant?
Important things to know… It is possible to apply for and be covered by life insurance while you are pregnant Different life insurance companies have different underwriting standards and some may be more liberal with pregnancies than others Hiring a …
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