Sentences with phrase «person life insurance considered»

Are proceeds earned from the key person life insurance considered income and the business will be taxed?

Not exact matches

Like having life insurance to provide financial help for your family when you pass away, a SBO may want to consider «Key Person Insurancinsurance to provide financial help for your family when you pass away, a SBO may want to consider «Key Person InsuranceInsurance.»

People in their 50s who consider using life insurance to create tax - free income should be careful because it will typically take at least 10 years for sufficient cash to build within the life insurance product, said Steve Lewit, CEO of United Advisors based in Buffalo Grove, Ill..

We agree on some, like credit card and mortgage life insurance, but long - term care insurance should be considered for many people approaching retirement.

There are many married young people that choose NOT to have LIFE INSURANCE and they do not consider the consequences for their family should they die.

Life insurance companies routinely request HIV tests from anyone who wants an unusually high level of cover, for example above # 250 000, and from people they consider to be at high risk.

For example, term life insurance is a good choice for people that have started a family and need to consider paying for college, have amortized loans, or have a specific financial burden that will decrease over time.

Term life insurance is often considered the most popular form of insurance for people who want to put a prepared financial plan into place to shelter their family members in case something unexpected happens to the policy holder.

If your death will result in financial consequences to one or more people (i.e. spouse, children, business partners, etc) that you consider unacceptable, then you should probably purchase life insurance.

(Small businesses may wish to consider purchasing life insurance policies for key individuals, such as an owner or top employee, to help prevent financial distress if that person were to die.)

If you have these concerns, you may have considered buying life insurance - which guarantees that certain people of your choice (your beneficiaries) will receive money if you die.

The term conversion rider is great for young people just starting out with a term life insurance policy, who may be considering the benefits of permanent coverage but are not quite yet willing to make a commitment.

Because of this, some people may want to consider guaranteed - issue or simplified - issue life insurance policies.

Business owners who are looking at the long game may also benefit from both when considering needs such as key person (key man) life insurance.

Knowing whether your insurance covers your family and all of the people living with you that you consider to be your family tells you whether you might need an additional endorsement for someone or if there are limitations on the coverage.

In reality, most people who are seriously considering a guaranteed universal life policy for securing a permanent death benefit should probably forget about the other types of universal life insurance and focus on a comparison with traditional whole life insurance.

On the contrary, there are a couple reasons why a single person might want to consider buying a life insurance policy.

Even people with more modest assets need to consider what might happen if they die, given real estate prices in some Canadian cities and life insurance on both spouses, when added to the mix, can make many «simple» estates into million dollar ones.

Dog liability insurance is a special policy that you can get to insure yourself in case you have what a landlord or other important person in your life might consider a «dangerous dog breed.»

Some people simply need a life insurance policy that doesn't expire, and those people should consider guaranteed universal life insurance.

This is an excellent rider to consider and is very beneficial in cases of business owners, such as key person life insurance or in a buy - sell agreement.

This article tells about life insurance for terminally ill people, which are considered as terminal illness by insurance provider, the benefits of such coverage and how to find a suitable policy from this condition.

People like that should consider going for guaranteed universal life insurance.

Considering not all life insurance companies get into the «A» bracket, we can trust in Madison National's ability to keep covering people in the short - term while paying out all claims in the long - term.

There are many people who believe that those who are considered to be «seniors» should do away with their life insurance coverage and put their premium dollars towards other pressing financial needs.

If you have these concerns, you may have considered buying life insurance - which guarantees that certain people of your choice (your beneficiaries) will receive money if you die.

Most people do not consider college loan life insurance for their children with life insurance when they head off to college.

If the applicant's health is not considered well, we have companies that specialize is life insurance for people with pre-existing medical conditions.

Ideal for: persons who want to plan their own funeral, those with existing medical problems, or who are otherwise considered «high risk life insurance.»

Some people think they don't need life insurance because they still consider themselves young (50 seems young these days!).

If you are one of these people and you are considering applying for life insurance for smokers this article should point you in the right direction and answer a lot of your questions.

The majority of Americans should consider Term over Permanent life insurance as it is the most suitable for the majority of people who need life insurance.

Investor Heritage is a life insurance company that many people consider as a possible provider.

This is a common source of confusion for most people who are considering a life insurance policy is the assumption that all types have cash value.

People with type 2 diabetes needing life insurance should consider a policy with American General.

Most people consider the price of the life insurance as the deciding factor on what plan design to apply for.

Business owners that want to leave a plan in place these are some of the common reasons that people often consider purchasing life insurance.

Most people assume that they need to purchase a life insurance plan, but some people should consider purchasing a burial insurance plan instead.

There are many factors that life insurance companies will consider prior to approving an individual for coverage, as well as for determining how much in premium rate to charge that person.

«Policy shall indicate an eligibility criteria at the outset to consider the proposal for insurance cover to people living with HIV / AIDS (PLHA).

Many people know their health may be scrutinized when they apply for life insurance, but they don't realize their occupation will be considered, as well.

There are also people out there who just want a policy that won't expire, and they should consider guaranteed universal life insurance.

However, the sad truth is that many people buy life insurance but neglect to consider disability insurance.

Life insurance companies want to insure as many people as possible and table ratings are used to help offset the costs of insuring someone who is considered risky.

Many consider it distasteful for people to be able to invest in life insurance policies held on the lives of strangers, the equivalent of betting on someone to die.

These are just a few of the reasons many people consider a life insurance policy to be an important part of an overall financial strategy.

While many young people don't consider a life insurance policy as necessary, it's a great time to lock in low rates because you're healthy.

Being overweight is considered a health risk by insurance companies, but you just need to shop for the best life insurance for overweight or obese people.

Considering that most people over-estimate the cost of life insurance by 300 %, term life insurance is still very affordable (even at substandard rates).

There are also other family considerations when buying term life insurance, that many people would only consider pertaining to the working spouse.