Your life insurance cost depends on several factors, which all have to do with you being a unique individual. That’s why you must customize your own life insurance policy to fit your family’s needs. Let’s discuss all the factors here. 9 Factors That Affect Life Insurance Premiums Each of these factors associates with risk and […]
Under normal circumstances, the U.S. Internal Revenue Service (IRS) does not tax life insurance benefits. However, the beneficiary may have to pay taxes on the benefits they receive in some situations. As a life insurance policyholder, you should play your cards well to avoid leaving a tax burden on your beneficiaries. Here’s detailed information on […]
Today, social media plays a pivotal role in connecting society. According to studies, more than 30 percent of Americans are social media addicts. For example, through social media, businesses are able to connect with both existing and potential customers, job seekers with employers, lonely hearts with partners, startups with investors, and much more. However, despite […]
Perhaps you have considered borrowing money from your life insurance policy during a financial emergency. While receiving a life insurance loan is a great way to get some quick cash, there are a few things you must know. Difference Between Life Insurance and Traditional Loans Life insurance loans differ from traditional loans because they don’t […]