Comment on My Parents Took Out a Life Insurance Policy on Me as a Baby. What Now? by Natasha Cornelius, CLU
In reply to J Mason. Most estate planning practitioners believe that you would have received a step-up in basis equal to the total policy cash values including dividends the day you inherited it. All growth since that time would be consider taxable gain upon surrender...
3 Types of Annuities to Consider When Investing
If you’re here, you likely know that an annuity is a relatively low-risk insurance product that pays you money, either for the rest of your life or for a set number of years. They are a popular investment option for those who prefer to have a steady flow of...
Is Long Term Care Life Insurance Right for You?
Did you know that 70 PERCENT of people over age 65 will need long term care? And there’s a 91 PERCENT chance that either you or your spouse will need long term care…at some point. That’s why there is Long Term Care Insurance. Since the early 1970s, Long Term Care...
Critical Illness Insurance. It’s Needed More Often Than You Think.
Do you know anyone who has suffered from cancer, a heart attack or a stroke? The answer is almost certainly “yes.” Consider these statistics: Every 34 seconds, someone in the U.S. will suffer from a coronary event Every 24 seconds, someone in the U.S. is diagnosed...
5 Retirement Tips that Don’t Include Wealth Management
Planning for retirement can be overwhelming. The preparation list is long and in many cases advises on financial health, but what’s not talked about is how to build your new life, how to maintain your emotional health, maneuvering government systems like social...
Life Insurance Benefits: The Accelerated Death Rider
Did you know that there are life insurance benefits you may be able to take advantage of before you die? It’s true. Life insurance itself is an amazing product, and when you add a feature known as the Accelerated Death Benefit, also known as the Terminal Illness...
Indexed Universal Life Insurance Shoppers Guide
Call Now for Permanent Life Insurance Quotes Get Quotes There are many different types of life insurance coverage available, each with its own set of benefits and drawbacks. Indexed universal life insurance (IUL) is one option that combines the flexibility of...
What is Life Insurance Laddering?
Term Life Insurance Quotes Get term life insurance quotes in just a few clicks. No personal information required Get Quotes When you purchase a life insurance policy, you are essentially providing your surviving loved ones with a financial safety net that will help...
Affordable Life Insurance for Seniors over 65
Senior Life Insurance Get Quotes When seniors over 65 are shopping for life insurance, there are typically two reasons they need coverage at this point: they have life insurance now. Still, they would like to add additional coverage, or they had life insurance and had...
Top 20 Things People Would Rather Discuss Than Life Insurance
Let’s Be Honest… You’d Rather Talk About Literally Anything Else Look, we get it—talking about life insurance isn’t exactly the highlight of your day. Perhaps the thought of running into a real-life Ned Reyerson (from the film, “Groundhog Day.”)...