L is for Life Insurance. Life insurance is one those tricky concepts that make figuring federal income tax so frustrating for taxpayers. That's because the question "Is life insurance taxable?" is properly answered, "It depends."
(3 months ago)
With Easter approaching, it's as good a time as any to start thinking about our mortality. According to JD Power and Associates, ownership of life insurance policies has been declining over the last couple of decades, leaving 50 million Americans without adequate life insurance coverage and 40% of adult Americans having no life insurance at all. As a result, less than 25% of...
(2 months and 24 days ago)
Japan's third- and fourth-largest life insurers by assets, Meiji Yasuda Life Insurance and Sumitomo Life Insurance, are among the bidders for a 20% stake in Thai Life Insurance.
(3 months and 9 days ago)
The battle over term versus permanent life insurance need not be a battle—there are appropriate uses for both of them. BUT, permanent life insurance is likely over-sold because of the handsome commissions received by selling agents. Watch this new video to help determine whether you should be considering permanent life insurance or handling your insurance needs with term...
(1 month and 16 days ago)
Try this detective work for collecting on old life insurance policies from bygone companies.
(3 months and 17 days ago)
This photograph is of me and my hero, my dad, at Moorgreen agricultural show, August bank holiday 1956. I was seven years old with a very happy and satisfying life. But six months later, my dad walked out of my life and I never saw him again. I was devastated, as my world fell apart on Thursday 14 February 1957 when he disappeared from our lives for ever. He left my mum, my...
(4 days ago)
By Jed Horowitz NEW YORK (Reuters) - After years of urging its financial advisers to sell more life insurance, UBS Wealth Management Americas is bringing in full-time experts and offering financial incentives to prod its tradition-bound sales force outside its comfort zone. Most advisers are more comfortable dealing with stocks and bonds than life insurance products, and...
(1 month and 4 days ago)
NEW YORK (TheStreet) -- Big insurance companies are taking an "if you can't beat 'em, join 'em" approach to the consumer insurance market, as Americans increasingly opt to buy life insurance not directly from insurers, but while shopping for toothpaste and toasters at Wal-Mart . That's exactly why an insurance firm such as MetLife has joined forces with Wal-Mart -- in...
(1 month and 24 days ago)
View pics of Donovan and his dad Gary as they work toward a better life.
(26 days ago)
Why Purchase Life Insurance? Life insurance pays money upon the death of the person covered by the policy as long as the premium payments are current. The money goes to the named beneficiaries of the policy. One of the...
(1 month and 5 days ago)
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