The sole purpose of life insurance is to give financial security to the family of the policyholder in case of his absence, but in addition to the life cover, a life insurance policy offers you tax deductions also.
Not exact matches
Rather than giving up hard earned savings — or worse yet, selling off precious family heirlooms for the
sole purpose of coming up with the money — it is much easier to simply purchase a
life insurance policy for the
purpose of paying the estate taxes that are due.
5) Income Replacement
Life Insurance — Policies which are purchased for the
sole purpose of income replacement should the primary breadwinner die.
Thus, a whole
life insurance policy leverages a portion
of your financial resources for the
sole purposes of providing a legacy to your beneficiaries, while still maintaining control
of your assets.
We are comprised
of seasoned
life insurance professionals whose
sole purpose is to find you the best company based on your specific needs, wants and goals.
STOLI transactions involve the purchase
of life insurance policies for the
sole purpose of selling them immediately.
Our
sole purpose is to empower modern consumers through our informative articles and state
of the art comparison tool which allow you to see most up to date quotes from over 60 top rated
life insurance companies.
Some
life insurance policies are purchased for the
sole purpose of providing a death benefit.
Final Expense
Insurance DEFINITION: cash value whole life insurance taken out on the life of the insured with the sole purpose of paying off any final
Insurance DEFINITION: cash value whole
life insurance taken out on the life of the insured with the sole purpose of paying off any final
insurance taken out on the
life of the insured with the
sole purpose of paying off any final expenses.
Would any father like to insure his child aged 10 yrs... The answer is NO...... The
sole purpose of Adding
Life Insurance in JUtkarsh is to provide for a collateral in case
of educational loans from banks.......
That is the
sole purpose of mortgage
life insurance, which is sometimes bundled with a home mortgage.