Can you cash out term life insurance?
Can you cash out term life insurance?Term insurance does not accumulate cash value because it doesn't have a savings component....
LIFE
Can the IRS take life insurance proceeds from a beneficiary?
Can the IRS take life insurance proceeds from a beneficiary?If the insured failed to name a beneficiary or named a...
Can you get Aflac If you are retired?
Can you get Aflac If you are retired?Can I continue my AFLAC, American Fidelity and/or Western insurance coverage after I...
How much can I gift my children?
How much can I gift my children?£3,000 What are the rules on gifting money to children? You can gift money...
How can I transfer my wealth without paying taxes?
How can I transfer my wealth without paying taxes?Let's take a look at some of the strategies available: Gifting. The...
What type of life insurance has cash value?
What type of life insurance has cash value?Cash-value life insurance, also known as permanent life insurance, includes a death benefit...
Can you get life insurance on your parents without them knowing?
Can you get life insurance on your parents without them knowing?When you're getting life insurance, the person whose life will...
How do I find out how much my life insurance is worth?
How do I find out how much my life insurance is worth?Ask the insurer for a policy-in-force document A policy-in-force...
What type of life policy has a death benefit that adjusts periodically?
What type of life policy has a death benefit that adjusts periodically?A decreasing term policy has a death benefit that...
What is the difference between life and burial insurance?
What is the difference between life and burial insurance?Burial insurance is a type of life insurance designed specifically for final...
