Sentences with phrase «included in a life insurance contract»

Not exact matches

Generally, amounts you receive under a life insurance contract paid by reason of the death of the insured are not included in your gross income; such proceeds are received tax - free.

Alabama but having a resident employee in Alabama whose employment includes making consumer loans or taking assignments of consumer credit contracts shall obtain a license for the location where the creditor maintains its records regarding Alabama loans or Alabama consumer credit contracts; and provided further, that, banks chartered by this state or any other state, banks chartered by the United States, trust companies, savings or building and loan associations, savings banks and other thrift institutions, credit unions, life insurance companies, and federally constituted agencies shall be exempt from licensing.

Notably, when it comes to life insurance, the cost basis — or investment in the contract under the rules of IRC Section 72 (e)(6)-- is equal to the total premiums paid for the policy, reduced by any prior principal distributions (which could include prior withdrawals, or the previous receive of non-taxable dividends from a participating life insurance policy).

Our insurance portfolio includes single trip or annual accidental death and dismemberment insurance, comprehensive travel insurance plans available to all nationalities living anywhere in the world, International Accidental Death & Dismemberment insurance including optional War Risk coverage, International Life Insurance and International Disability insurance for overseas workers, and Defense Base Act Insurance for companies awarded government contracts working on foreinsurance portfolio includes single trip or annual accidental death and dismemberment insurance, comprehensive travel insurance plans available to all nationalities living anywhere in the world, International Accidental Death & Dismemberment insurance including optional War Risk coverage, International Life Insurance and International Disability insurance for overseas workers, and Defense Base Act Insurance for companies awarded government contracts working on foreinsurance, comprehensive travel insurance plans available to all nationalities living anywhere in the world, International Accidental Death & Dismemberment insurance including optional War Risk coverage, International Life Insurance and International Disability insurance for overseas workers, and Defense Base Act Insurance for companies awarded government contracts working on foreinsurance plans available to all nationalities living anywhere in the world, International Accidental Death & Dismemberment insurance including optional War Risk coverage, International Life Insurance and International Disability insurance for overseas workers, and Defense Base Act Insurance for companies awarded government contracts working on foreinsurance including optional War Risk coverage, International Life Insurance and International Disability insurance for overseas workers, and Defense Base Act Insurance for companies awarded government contracts working on foreInsurance and International Disability insurance for overseas workers, and Defense Base Act Insurance for companies awarded government contracts working on foreinsurance for overseas workers, and Defense Base Act Insurance for companies awarded government contracts working on foreInsurance for companies awarded government contracts working on foreign soil.

Safeco Insurance: Safeco Insurance offers its Teen Safety Rewards program with several helpful benefits and discounts including: good student discount (3.0 B grade or better to qualify); driver training discount (available for teens who complete an approved driver education program; distant student discount (this discount is available for teens in school who live more than 100 miles away from home with no car); tenure reward (This discount applied for Safeco policyholders who have been with the company for more than two years); road ahead guide (tips about learning to drive, obtaining a license, what to do in an accident and more); and the parent - teen contract (This contract helps you set expectations, rules and responsibilities for your teen when driving).

Generally, if you receive the proceeds under a life insurance contract because of the death of the insured person, the benefits are not included in gross income and do not have to be reported:.

The Chasm Group, LLC and Chasm Institute, LLC (San Bruno, CA) 1997 — 2008 Business Operations Manager • Managed all daily operational tasks for leading multi-million dollar high - tech market strategy consultancy, while providing executive administration to C - level executives and venture capital partners • Developed and managed the firm's annual budget, proposing and implementing expense cuts, producing monthly reports and financial statements, and coordinating with CPA firm for accurate and timely filings • Oversaw all client relationship management efforts while cultivating new business efforts from concept to implementation, providing high - quality service in sales efforts while utilizing new lead tracking system • Negotiated and managed all contracts, stock grants, and financing arrangements, working closely with outside counsel to draft legal documents and resolve LLC - and proprietary - related issues • Led three office space build - outs and two office relocations, managing all aspects of each process under aggressive timeline and budget expectations • Reduced firm telecom expenses by 22 % by streamlining IT objectives, including migration to VOIP phone system, software / hardware purchases, domain renewals, and outsourced technical support • Directed all phases of staff recruitment while creating and implementing all HR policies and programs, including comprehensive employee benefits plans • Supervised multiple administrative staff members, conducted performance appraisals and wage / salary surveys in comparison to incentive program guidelines, and maintained HR files in accordance with legal mandates • Produced all out - going client invoices in an accurate and timely fashion to increase, cash flow and reduce aging receivables, providing consistent attention to overhead costs and vendor arrangements • Administered all company insurance policies, including E&O, general liability, bonds, partner life and disability, conducting annual benefits reviews and employee / company insurance audits • Obtained necessary certificates for consulting contracts while processing federal, state, and local business reporting requirements to maintain licenses and incorporation status • Directed all marketing efforts and oversaw logistical aspects of national educational workshop series, utilizing sponsorship arrangements to offset production costs • Transformed «brochure» website into a dynamic tool to better illustrate company opportunities through relevant case studies, as well as maintaining all other promotional media, including press kits and video Association of California School Administrators (Burlingame, CA) 1993 — 1997 Issues and Planning Committee Coordinator • Executed all phases of event planning and implementation for a membership - driven organization including 23 state committees, 5 task forces, 6 strategic planning conferences, and a conference of 1,500 attendees • Focused on facility evaluations, bid requests, site visits, contract negotiations, and all pre - and post-conference planning processes • Produced statistical and financial reports, including budget projections and cost monitoring for developmental training efforts • Oversaw all participant - level responsibilities, including inquiries, eligibility, registration, correspondence, and billing statements • Managed all legal professional standards calls for Northern California regions, including the processing of attorney authorizations, the preparation of legal assistance letters, and liens on cause of action • Served as second point of contact for computer inquiries and troubleshooting efforts as well as provided back - up executive administrative support for Executive Director, Committee Chairs, and the State Superintendent of Public Instruction • Held responsibility for software installation and hardware configuration while performing weekly AS / 400 backup and report generation