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Are dividends on life insurance policies taxable?
Important things to know… The IRS does not require you to pay taxes on dividends from life insurance as long as they do not exceed the premiums paid on the policy. The insurance company that provides your life insurance pays policyholders dividends f …
→ Read MoreGetting a Whole Life Insurance Quote
If you have decided that whole life insurance is the best product for you and your loved ones, you will need to start comparison shopping so that you can find the best rates. Whole life insurance is the perfect product for any individual who wants perm …
→ Read MoreWhat is whole life insurance?
Whole life insurance is a permanent life insurance product that offers you coverage from the moment the policy is issued to the moment that you pass. If you are in the process of shopping for the right life product, you must consider not only the curre …
→ Read MoreWhole Life Insurance Comparison
Shopping for life insurance is the last thing that you want to do, but it is an important task when you are planning for your future. If you have been comparing various type of life insurance plans and you have decided that whole life insurance is best …
→ Read MoreDefining a Whole Life Insurance Policy
Whole life insurance, as the name suggests, is insurance that is designed to last for your whole life. It’s also sometimes called permanent insurance, and is different from term life insurance, which lasts for a specific period of time. A whole life in …
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If you are shopping for permanent life insurance, whole life insurance is the traditional type of permanent plan to be offered to consumers. Unlike term life, which is only valid for a specified period of time, whole life insurance will stay in effect …
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