Are Annuities A Form Of Investment?
Consumers considering life insurance options may also look at annuities as a form of investment.
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Green Burial Less Expensive, More Environment-Friendly
Death is going green. A growing number of people are eschewing traditional end of life rituals for simpler, more environmentally friendly, and in many cases, less expensive green burials. Some casket manufacturers and funeral directors are responding to the trend.
Banks Can Sell Life Insurance to Their Clients
Banks that want to succeed in selling life insurance to customers may consider making sure they have a plan tied specifically to these products, according to a recent report from LIMRA.
According to the study, financial institutions that had specific life insurance goals for sales representatives outperformed their counterparts that did not. Scott Stathis, managing director of Kehrer-LIMRA, says setting goals for employees provides an “undeniable” return.
Everything You Ever Wanted to Know About Auto Insurance
Purchasing car insurance can be tricky, especially when it comes to understanding what a policy covers and the amount of coverage needed to best fit your needs. If you neglect to buy it, your finances could be jeopardized – especially if you’re involved in a costly car accident. Plus, in most states, it is illegal to drive without it.
How Your Life Insurance Can Save Your Pets From Neglect
You’ve read the stories; some billionaire leaves an entire estate to their favorite dog, without leaving their kids a dime. While your first reaction might be, “oh, well, they are rich and eccentric,” what if you wanted to leave your favorite furry friend ALL of your worldly possessions? If a “regular” person had a decent-sized life insurance policy, could he or she leave it all Fido?
Will Voluntary Employee Benefits Be Available in the Future?
In the next five years, workers see voluntary benefits such as life and health insurance playing a major role in their lives.
According to a survey conducted by Harris Interactive, 82 percent of employees said having life insurance will be important in the next five years. Furthermore, 77 percent felt that way about disability policies, while 76 said as much about critical illness coverage.
Transfer Tax Implications of Life Insurance and GSTT
To help look after future generations, many people elect to transfer property and life insurance policies by gift or at death to a person two more generations below himself or herself. Typically, this means grandchildren and great-grandchildren, also referred to as skip-persons. The goal is to have assets pass from grandparent to skip-persons without being taxed in the child’s estate.
Typically, the transferor places assets in trust to children for life, then to grandchildren. Or, the transferor gives property to grandchildren or places it in trust for their benefit.
Can I get Life Insurance if I Have Cancer?
Thanks to myriad treatment options and earlier detection techniques, the diagnosis of “cancer” is not necessarily an eminent death sentence. Nor does a treatable cancer diagnosis preclude an individual from obtaining life insurance.
Reduce Your Chance of Becoming Another Statistic
The risk of an unexpected tragedy is often cited as one of the main reasons for people to protect loved ones with a life insurance policy. However, individuals can also reduce their chance of becoming another statistic with some common sense.
In fact, the American Candle Association notes on its website that about 85 percent of candle-related fires can be prevented with some basic safety steps.
Disney’s Health Campaign Strives to Improve Youth Fitness
The Walt Disney Company announced this week the launch of the Magic of Healthy Living campaign, a multi-media initiative designed … Read more