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What is split dollar life insurance?
When you work for an organization, it’s important to look into the employee benefits and incentives that are offered to you. While there’s a long list of different benefits that can be offered, one of the most beneficial to employees who are planning f …
→ Read MoreWhat is a contingent beneficiary for life insurance?
Part of the process of buying life insurance is to structure it. You know that you need a specific type of insurance to suit your long-term needs, and you know that you need a sufficient death benefit to pay off all of your debts, but do you understand …
→ Read MoreCan creditors take life insurance after death?
Individuals, both single and married, buy life insurance with the intention of helping their family or their loved ones if and when tragedy strikes. While not the only purpose, but the primary purpose of buying life insurance is to give yourself peace …
→ Read MoreWhat happens to life insurance when you change jobs?
Decades ago, the average person would hold between 3 and 4 jobs in their lifetime. Now, with modern advances, job-hopping is the new trend for millennials in the work force. According to the Bureau of Labor Statistics, the average worker today will onl …
→ Read MoreIs key man life insurance tax deductible?
Owning a business comes with its expenses. Not only do you need to worry about buying insurance to protect your business property and the premises where you operate, you also have to worry about buying life insurance that will help keep the company ali …
→ Read MoreAre life insurance loans taxable?
There are several advantages associated with buying a permanent cash value life insurance. While you are most definitely going to pay higher premiums for a seemingly lower death benefit compared to a term policy, the cash values that are accrued in the …
→ Read MoreFREE Life Insurance Comparison
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