Sentences with phrase «life insurance situations in»

If that company decides to decline you life Insurance coverage or if they determine you are a high risk health class then there's not much that agent can do for you.On the other hand, when you work with a life insurance broker who represents over 60 top rated life insurance companies, such as LifeInsuranceUnited.com, we work to match you up with the right company who looks upon your high risk life insurance situation in a more favorable manner.

Not exact matches

While an ILIT is an effective way to make sure that your life insurance death benefit is not taxable as part of your estate, there are a couple situations in which you may face a tax event:

Life insurance is applicable to individuals and families in a wide range of financial situations because it refers to a group of several different products, each of which can be customized with riders (basically, add - ons to the policy).

In addition to focusing on life insurance, long - term care and disability insurance, the study also reveals how average consumers feel about their financial situation and outlook.

In spite of the fact that most disabled people have worked all their lives and paid tax and national insurance we have a situation where individuals with cancer can be limited to financial support from the state for just 12 months before they are left without any income at all.

However, there are several situations where term life insurance proceeds may become taxable, such as in the following scenarios:

With its high expenses and volatility of investments, George seriously risked losing his entire nest egg with the variable universal life — a flawed life insurance concept, especially in the situation described above.

Whether you need term life insurance is typically dependent upon whether you have dependents, such as children or a partner, that would be in a financially challenging situation should you pass.

We have worked with thousands of individuals with varied backgrounds and life situations in order to help them find affordable term life insurance.

When assessing an insurance policy in a situation like yours, I like to look at the expected «return» on the policy for the rest of your life.

The death benefit from life insurance is not taxed in most situations.

There are few situations in which you would actually need life insurance, but a large number of reasons why you might want it.

Another bonus is that in that situation, you don't have to find representation — the insurance company generally takes care of that, as well, so you can focus on living your life rather than all the nuances of defending against a claim like that.

While an ILIT is an effective way to make sure that your life insurance death benefit is not taxable as part of your estate, there are a couple situations in which you may face a tax event:

Whether you live in a rented home, an apartment, or some other living situation, renters insurance in Oregon protects you and your future.

Stock insurers are not always known for being as equitable in their treatment of older life insurance products in similar situations.

In addition, its CompLife product allows you to combine term and whole life insurance coverage to fit your financial situation, as your life insurance needs may change with time.

The ability to purchase life insurance on someone is completely based on whether there is insurable interest, and there is in your situation.

As with life insurance policies, the 1035 Exchange allows the exchange of annuities so policy holders can find better rates for their investments or to accommodate changes in their financial situation.

Permanent life insurance policies, particularly those that build cash value, only make sense in certain situations, but agents make higher commissions by selling them.

I know of a situation where a life insurance policy lists two people... one as Primary (check boxed) and one as secondary (checked boxed) but in the «primary» column it has 50 % and 50 % on the line by both person's names and mentions somewhere that if the Primary dies then the secondary would get 100 %.

But my point is that very few people are in the situation Dave is talking about, so having coverage for life, preferably from the top dividend paying whole life insurance companies, is indeed a great choice.

While guaranteed issue life insurance is ideal for people whose health disqualifies them from coverage under a more traditional policy, don't assume this is the case in your situation.

As a single income household I want a life insurance insurance policy that leaves the survivor in a «work is optional» situation.

Typically we would look at term life insurance in this situation.

I just went through a situation whereby I met with a prospect who wanted permanent life insurance and they were in their 60's.

This certainly helps you out if you're in a situation where health could decline rapidly in the near future and no life insurance protection is possible or the premiums could be out of your budget.

Regardless of the living situation, it boils down to this: If you don't own the property you live in, you probably need Greensboro Renters Insurance.

In order to determine how much life insurance you need, you'll have to examine the particulars of your own situation.

If you live in subsidized housing, your landlord may not be able to require renters insurance, but that's one of the very few exceptions and specific to your individual situation.

Many inconvenient situations in life can easily be solved with your renters insurance coverage.

Whether you live in a rented home, an apartment, or some other living situation that you don't own renters insurance protects you and your future.

Whole life insurance does make sense in some financial situations.

Start with living quarters (rent, homeowners association fees, mortgage payments or whatever applies to your particular situation) and continue with food, transportation or maybe car payments, student loan payments, an Internet connection, insurance, maybe eating out once in a while, and you can see that it all adds up really fast.

You're also asked for the balances you have in your current banking and investing accounts as well as your life insurance situation and investment experience.

Rather than carry a life insurance policy in perpetuity, term insurance makes it easier to evaluate your situation and the ups and downs you will experience at various stages of your life.

But depending on your situation, or what you anticipate it to be in the future, it can be tough to determine what kind of life insurance might be best for you.

If you find yourself in this type of situation, life insurance may be the solution to the problem.

Should that unfortunate situation occur, a life insurance company would have to pay out your death benefit early in your life.

Renters insurance coverage in that situation could extend to the additional living expenses that you incur as a result of being told by a civil authority that you can't stay in your home due to nearby damage from a covered peril such as fire or wildfire.

In this situation, consider having your children own the life insurance policy, because, if the parent (s) become institutionalized, the cash value of this policy will be includable in their assets and may have to be withdrawn, or the policy surrendered in order to pay for long - term care expenseIn this situation, consider having your children own the life insurance policy, because, if the parent (s) become institutionalized, the cash value of this policy will be includable in their assets and may have to be withdrawn, or the policy surrendered in order to pay for long - term care expensein their assets and may have to be withdrawn, or the policy surrendered in order to pay for long - term care expensein order to pay for long - term care expenses.

Every term life insurance policy we offer pays out in almost every situation, whether the death is caused by an accident or illness.

While term life insurance may not necessarily be «better» than whole life insurance, term is definitely the right choice of coverage in most situations.

Your renters insurance expert can go over the details with you as they apply to your situation, but this coverage is a good idea to add to your policy if you live in California, for obvious reasons.

Again, in the majority of situations, a term life insurance policy is going to be your best option.

Insurance isn't normally something people talk about before moving in together, it's more like something they talk about when they realize they're both paying for similar coverage and living together, and wondering if this is the ideal situation.

Insurance plans promise to provide financial support in times of difficult situations in life.

But I also know from my professional experience that having the wrong kind of term life insurance can land you in an even worse situation.

In fact, in such situations, not only do the new health insurance exchanges ensure access to coverage, but the decline in income associated with such life transitions may actually result in premium assistance tax credits that make coverage remarkably affordablIn fact, in such situations, not only do the new health insurance exchanges ensure access to coverage, but the decline in income associated with such life transitions may actually result in premium assistance tax credits that make coverage remarkably affordablin such situations, not only do the new health insurance exchanges ensure access to coverage, but the decline in income associated with such life transitions may actually result in premium assistance tax credits that make coverage remarkably affordablin income associated with such life transitions may actually result in premium assistance tax credits that make coverage remarkably affordablin premium assistance tax credits that make coverage remarkably affordable.

You set up a trust fund, and either fund it with money now, or (more likely, in your situation given your income) make it the beneficiary of a life insurance policy.