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Can you get life insurance if you are a felon?
Important things to know… Insurers evaluate felonies case-by-case, by their own criteria Major felonies often qualify for automatic rejection Minor felonies are assessed based on criteria like severity, frequency and current status Generally speaking …
→ Read MoreAre life insurance companies FDIC insured?
Important things to know… FDIC limits insurance to banking institutions for checking accounts, savings accounts, NOW’s, cashier’s checks and money orders FDIC will not insure companies that deal with financial transactions of risk and spe …
→ Read MoreIs my life insurance deductible on schedule c?
Important things to know… Most Life Insurance Premiums Are Not Tax Deductible Schedule C is the IRS form that a small business uses to report its profit and loss from doing business. Policy Loans Are Not Taxable In a general sense, life insurance pre …
→ Read MoreCan an illegal immigrant buy life insurance?
Important things to know… Life insurance underwriting uses actuarial science to determine what people make good risks and who may not be such a good risk to insure A mortality table became a scientific measure of the probability of people and they be …
→ Read MoreCan an 80-year-old buy life insurance?
Important things to know… The mortality factor in life insurance premium calculations Types of life insurance policies older people can purchase Business needs that older people have which are solved by life insurance No matter their age, if a person …
→ Read MoreWhere can I find affordable life insurance if I am over 50?
Important things to know… Hire a knowledgeable Life Insurance Broker The cost and affordability of the premiums is relative to your needs Life Insurance is one of the most flexible of financial instruments and can be designed to meet your cash flow n …
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