What is life insurance? definition and meaning ...

Insurance cover that serves two major purposes: (1) to substitute for the insured's income if he or she dies, and (2) to qualify the insured for favorable tax treatment. The policy holders buy insurance cover from an insurance company , and pay specific periodic amounts (premiums) for the term (duration or life) of the policy. If the insured dies before the this term is completed , a guaranteed...

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Website: http://www.businessdictionary.com

12 different types of life insurance policies

The life insurance policies are of many types. The principal types of policies are discussed below:

(1) Whole life Policy :

Under this policy premiums are paid throughout life and the sum insured becomes payable only at the death of the insured. The policy remains in force throughout the life of the assured and he continues to pay the premium till his death. This is the cheapest policy as the...

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Date: 2018-03-31 12:47:20
Website: http://www.preservearticles.com

How to find lost life insurance policies - insure.com

How to find lost life insurance policies

By Insure.com | Last updated: Aug. 1, 2016

You think your dad named you as a beneficiary on a life insurance policy, but you didn't get the details before he died.

So where do you turn?

It's a frustrating problem many people have faced. In fact, regulators estimate that more than $2 billion in benefits have gone unclaimed from lost or forgotten life...

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Website: https://www.insure.com

Life Insurance for Seniors and Over 50s and 60s | Trusted ...

Senior Life Insurance

Life Insurance for Seniors: How it's Possible

Later in life, you may look back at your younger years, your loved ones, and your assets as you start to think about your legacy. Life insurance is a great way to ensure that your hard work is preserved and your cherished family members are taken care of for years to come. Life insurance for senior citizens is available, but it's...

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Website: https://www.trustedchoice.com

How Beneficiaries Can Claim Life Insurance and Social ...

Access life insurance, annuity funds, and Social Security benefits.

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After a loved one dies, beneficiaries need to know how to collect life insurance and Social Security payments they're entitled to, because the executor of the estate doesn't usually handle this task. Especially if survivors depended on the deceased person for financial support, they may need to quickly get cash...

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Website: https://www.nolo.com

Rules For Tax Deductibility Of Long-Term Care Insurance


Executive Summary

With the 1996 introduction of "tax-qualified" long-term care insurance under the Health Insurance Portability and Accountability Act and IRC Section 7702B, Congress affirmed that long-term care insurance benefits are tax-free, and began to offer tax benefits for purchased LTC insurance coverage.

However, over the years the evolving landscape of both individual tax...

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Website: https://www.kitces.com

Compare Immediate Fixed Income Annuities - Fidelity

Compare Immediate Fixed Income Annuities

Fidelity provides access to a range of immediate fixed income annuities1 through The Fidelity Insurance Network®.

Find an Investor Center

Available through The Fidelity Insurance Network®

Since an annuity's guarantees2 are only as strong as the insurance company providing them, you should consider the strength3 of the company you select and its ability...

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Website: https://www.fidelity.com

Different Types of Life Insurance Policies and Provisions ...

Life Insurance Policies and Provisions

Different Types of Life Insurance Policies and Provisions

Life Insurance Policies

Life insurance policies contain seemingly countless provisions, clauses and options that determine the type and scope of coverage as well as what will happen if premium payments lag or a claim is made. It is important to understand the provisions of the policy you have or any...

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Website: http://www.investorguide.com

APPLICATIONS - InsureNOW Direct: Life Insurance. Quickly.

Life insurance policies described, quoted, shown and illustrated throughout this website are not available in all states and may include those issued by: Allianz Life Insurance Company of North America, Minneapolis, MN and Allianz Life Insurance Company of NY, New York, NY are both members of Allianz Insurance Group, Minneapolis, MN;...

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Website: https://www.quicklifecenter.com

New York Life Insurance Company - Investments Group

Issue Age

Current Annual Payout Rates*

Rates are effective [DATE] and are subject to change at any time. Payout rate includes interest, return of premium and is not an interest rate. Based on Life with Cash Refund payout option, male annuitant with $100,000 premium. Payouts are subject to change and will vary dependent upon age, gender, payout option and premium amount, and interest in effect at...

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Website: https://www.nylinvestments.com

Is Group Life Insurance a Good Deal? | LLIS

Group life insurance is sometimes offered as an employee benefit by larger employers. There's usually a formula for the amount of insurance an employee can buy and a cap (e.g. the employee can purchase up to 1 or 2 times salary with a cap). One advisor's client (Jack) who makes $50,000 per year would be eligible for a $50,000 or $100,000 policy, depending on the plan formula. Death benefits are...

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Website: https://llis.com

Life Insurance Quotes | No Medical Or Blood Tests | South ...

Insured Amount

Life Insurance

Life Insurance allow you to make provision for your dependents when you die or become permanently disabled. Ensure financial security when you retire with a Retirement Annuity.

A life insurance policy pays a lump sum (based on the policy's terms and conditions), after your death, to provide for your family or settle any debt (i.e. outstanding amount on your car or home). Some life policies allow you to include disability cover.

A wide spectrum of life cover is available in the South African market. Term Life Insurance or Credit Life Cover would be...

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Website: http://www.insuranceza.co.za

AARP Life Insurance Program from New York Life - NYLAARP

+ Includes details on costs, eligibility, renewability, limitations and exclusions.

When requesting information, you'll receive a packet by mail containing costs, eligibility, renewability, limitations and exclusions.

New York Life Insurance Company pays royalty fees to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. AARP and its affiliates are...

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Website: nylaarp.com

Annuity 1035 Exchange — ImmediateAnnuities.com

Annuity 1035 Exchange

Written by Hersh Stern Updated Wednesday, March 28, 2018

The replacement of an annuity or life insurance policy; i.e. the exchange of an existing policy for a new one purchased from an insurance company without tax consequences, is called a Section 1035 Exchange. To retain the tax advantages of such an exchange, it must meet the requirements of Section 1035 of the Internal...

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Website: https://www.immediateannuities.com

Single Premium Whole Life Insurance | Pekin Insurance

Home »Single Premium Whole Life Insurance

Single Premium Whole Life Insurance

Leaving a Legacy Is Easier Than You Think

Do you have money tucked away in a coffee can or safety deposit box? Do you resist investing it because you don't want to pay taxes on it? Or perhaps you do have it invested, but safely, in a CD or something that you know will provide a solid - but minimal - return?

If this is...

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Website: http://www.pekininsurance.com

New York Life Clear Income Fixed Annuity - FP Series ...

Issuing Company: New York Life Insurance and Annuity Corporation (A Delaware Corporation), a wholly owned subsidiary of New York Life Insurance Company, 51 Madison Ave, New York, NY 10010. Available in jurisdictions where approved. State variations may apply and...

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Website: https://www.fidelity.com

Related topics : new york life insurance company new york ny / new york life insurance company new york / new york life insurance company / new york life insurance / annuity life insurance company

Illinois Life and Health Insurance Guaranty Association ...

Illinois Life and Health Insurance Guaranty Association

Helping Illinois insurance policyholders when they need it most.


Learning your life or health insurance company is in trouble can be frightening. The Illinois Life and Health Insurance Guaranty Association provides protection for life, health, and annuity policies owned by Illinois residents.

The Illinois Life and Health Insurance...

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Website: http://www.ilhiga.org

Ratings | Protective Life Financial Information


Protective Life Insurance Company has insurer financial strength ratings of A+ (Superior, 2nd highest of 15 ratings) from A.M. Best, AA- (Very Strong, 4th highest of 21 ratings) from Standard & Poor's,�A+ (Strong, 5th highest of 22 ratings) from Fitch, and A1 (5th highest of 21 ratings) from Moody's Investor Services.

West Coast Life Insurance Company has insurer financial strength ratings of A+ (Superior, 2nd highest of 15 ratings) from A.M. Best, AA- (Very Strong, 4th highest of 21 ratings) from Standard & Poor's, A+ (Strong, 5th...

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Date: 2018-03-31 14:33:40
Website: http://investor.protective.com

Related topics : protective life insurance company rating / life insurance company ratings standard and poor / protective life insurance company / life insurance company ratings / west coast life insurance rating

Wisconsin Insurance Security Fund - Welcome

Helping Wisconsin policyholders when they need it the most.


The Wisconsin Insurance Security Fund is a non-profit legal entity created by the Wisconsin legislature to protect Wisconsin resident policyholders in the event of an insolvency of a member insurance company. To provide this protection, the Association continues insurance policy coverage while paying the claims and other policy...

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Website: http://www.wilifega.org

Related topics : life insurance policy coverage / benefits of life insurance policy / policy health insurance benefits / accident health insurance policy / term life insurance policy rates

Life Insurance | National Life

These policies are designed for individuals who want guarantees and who are focused on providing death benefit protection over cash value accumulation.


Guaranteed death benefit3

Guaranteed cash value

Potential additional cash value by the receipt of any dividends declared by the company. Although not guaranteed, dividend payments are generally declared annually by the company.


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Date: 2016-12-02 19:15:12
Website: https://www.nationallife.com

Kansas City Life Insurance Company - Wikipedia

Kansas City Life Insurance Company is a public insurance company established in 1895 and located in Kansas City, Missouri. The company's 1,400 agents market individual life, annuity and group products through agencies located in 48 US states and the District of Columbia. Variable life, variable annuities, mutual funds and other investment options are offered through a subsidiary, Sunset Financial...

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Date: 2018-03-17 16:59:53
Website: https://en.wikipedia.org

Life Insurance - HSBC US

Cost of Policy and building the Policy's cash value

Premium payments

Monthly, quarterly, semi-annual or annual

Customized to fit your changing needs

When you want to accumulate cash inside the policy and plan for your wealth transfer, universal life insurance can provide options to suit your changing financial situation with:

o Flexible protection

You have flexibility to choose the amount of...

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Date: 2018-03-30 20:26:23
Website: https://www.us.hsbc.com

Life Insurance Quotes, Rates & Policies

© 2018 Western & Southern Financial Group, Inc.

WS20171114184950 • Last Updated 3/16/2018

400 Broadway Cincinnati, OH 45202

Western & Southern is the marketing name for a group of diversified financial services businesses composed of Western & Southern Financial Group and its six life insurance subsidiaries. Life insurance and annuity products may be issued by The Western and Southern...

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Website: https://www.westernsouthern.com

Why Long-term Care Insurance Is Becoming a Tougher Call ...

Long-term care insurance was supposed to help the middle class ease the financial burden of expensive in-home or nursing home care that now can top $90,000 a year.

Consumers were urged to buy policies in their fifties, because premiums rose the longer they waited. About 4.8 million people were covered by long-term care policies in 2014.

But insurers botched just about every aspect of the policies...

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Website: http://time.com

Banner Life Insurance Producer Login | Naturesoflight Page

Related posts to banner life insurance producer login. Faqs Prudential Financial. The "Contract" that was purchased to provide your annuity is a group annuity Legal . is the producer site for CIGI Direct Insurance Services, Inc. cigilife.com provides exclusive brokerage product information and services to licensed .Learn the benefits of joining Aetna for individuals and families and learn about...

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Website: http://www.naturesoflight.com