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What else can I help you with?
Do you have to pay taxes on life insurance?
Life insurance death benefits are paid out tax-free as long as your premiums were paid with after-tax money. If you have a cash value life insurance policy and surrender the policy, you may be subject to a taxable gain if the total cash value exceeds the cost basis of the policy.
How long is an life insurance term valid for if payments are not made?
If you die a life insurance policy pays an amount of money to a person you name. You have to pay premiums otherwise your life insurance will automatically lapse after 30 days.
Who gets money when a contingent trust that was never created is only named beneficiary of life insurance policy?
it will go to probate and the courts will have a long list of things for you to do before any money is awarded.
How do I get a refund on my long term care insurance policy?
You can contact the agent who sold you the policy directly and he should provide assistance in getting a refund. <a href="http://www.ltcfp.com">Long Term Care Insurance</a>
How long before you are vested for life insurance?
Your life insurance policy would pay out immediately after ratifying the contract
How long does it take to cancel your life insurance policy?
I have a whole life insurance policy, how long does it take to cancel it, also can I get money back from it.
Is long term care insurance worth the money?
A long-term care insurance may be worth the money depending on what the policy offers. However, it would be advisable to channel some of the funds to other forms of investments for the future.
What if a life insurance policy is left to a trust and the trust is dissolved would it naturally go to his wife?
it would fall back to his estate. as long as the wife inherits the estate she will get it, but the amount will then be taxable. if she was the beneficiary of the policy or if the trust was still solvent the money would be tax free.
Do you have to pay taxes on life insurance?
Life insurance death benefits are paid out tax-free as long as your premiums were paid with after-tax money. If you have a cash value life insurance policy and surrender the policy, you may be subject to a taxable gain if the total cash value exceeds the cost basis of the policy.
Where can one take out a long term care insurance policy?
One can take out a long term care insurance policy from several different places. Some of the places in which one can take out a long term care insurance policy from are: Long Term Insure Me, and Own Your Own Future.
How long does a DWI affect your insurance in CT?
Depends on your insurance company's policy.
What should I know before buying affordable life insurance?
Read ALL of the fine print. Check to see how long the policy lasts and if there are any conditions that would allow the insurance company to not have to pay out the money if you were to die. Make sure you also check to see if you can renew your policy after it expires or if you get money back if you are still alive at the end of the policy.
How long is an life insurance term valid for if payments are not made?
If you die a life insurance policy pays an amount of money to a person you name. You have to pay premiums otherwise your life insurance will automatically lapse after 30 days.
How long do insurance points stay on a policy in Massachusetts?
You need to contact your agent or the policy services dept. of your insurance company and they will be able to answer this question for you.
What type of insurance replaces income if you a long illness or injury and cannot work?
You would need a whole life or an universal life policy with an income rider, and possibly a long term care insurance policy which would fall under a health insurance policy.
What is a non forfeiture option on a long term care policy?
A non-forfeiture option in your long-term care policy is a feature that allows you to maintain some money if you decide to cancel your policy or if you fail to pay your premiums and the policy lapses. It is a sort of reimbursement by validating the minimum amount of your paid long-term care insurance premiums.
How long does Gamestop's insurance policy last?
1 year
