term life insurance quote
- Are life insurance proceeds taxable or tax-free?
- Date posted: March 10th, 2012 4:04 AM
- Taxes always seem to be on the rise, so it is reassuring to know that life insurance is a rare financial tool where the beneficiaries receive the payout income tax-free. A major advantage of life insurance is that beneficiary proceeds are exempt from income taxes and estate taxes, so proceeds can be used to offset any tax liability attached to your assets when you try to transfer those assets to loved ones.Full Story »
- Category: Life Insurance
- Six questions you should ask your term life insurance agent
- Date posted: January 24th, 2012 1:01 PM
- Buying life insurance can be confusing at the best of times, but it needn’t be. With a bad economy and newer products available, term life insurance can look particularly attractive if you’re trying to save money – but now more than ever, it’s important to ask your insurance agent the right questions upfront.Full Story »
- Category: Featured Story, Life Insurance, Term Life
- Who is a good candidate for term life insurance?
- Date posted: January 12th, 2012 12:12 PM
- Financial security is a top concern for anyone these days, especially for young families or those just starting out in life. Saving up for a down payment on a house, car or college tuition means the topic of life insurance can take a back seat to seemingly more pressing issues. Yet this is precisely the kind of financial instrument that can provide parents with the financial security they and their offspring would need in case of an untimely death—through a tax-free payout from the insurance company.Full Story »
- Category: Homepage 1, Life Insurance
- Life insurer, community groups offer coverage for working parents
- Date posted: April 30th, 2010 1:01 PM
- Working families on the East Coast may soon be able to secure their children's futures through donations from Massachusetts Mutual Life Insurance Co., according to a recent report by the Morning Call. The insurer has joined the Community Action Committee of LehighValley and other nearby nonprofits to offer $50,000 term-life insurance policies to parents and legal guardians with dependents under age 18. Recipients of this coverage must be between age 19 and 42 and have an annual income between $10,000 and $40,000. Full Story »
- Category: Industry News, Life Insurance
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