Tag: life insurance facts
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Can I get life insurance if I’ve had a heart attack?
Important things to know… People who have a heart condition due current disease or surgery, can qualify for life insurance coverage in many cases The outcome of a heart patient being accepted for life insurance depends on the overall health of the in …
→ Read MoreWhere can I get affordable term life insurance for seniors?
Important things to know… There are plenty of competitive websites that offer quotes for term life insurance for seniors It is a good idea to work with an experienced life insurance broker so that the best in sourcing companies and in planning can be …
→ Read MoreCan you cash in your term life insurance?
Important things to know… Term life insurance allows an individual to purchase a maximum amount of coverage when a family budget is tight Term life insurance does not have a cash value available so it cannot be cashed in for an amount of money Term i …
→ Read MoreCan you get a life insurance policy on your boyfriend?
Important things to know… To buy life insurance on anyone other than yourself, you must show an “insurable interest” There are eight relationship instances that meet insurable interest clause requirements Unmarried partners must be able to prove that …
→ Read MoreCan you 1035 an annuity to a life insurance policy?
Important things to know… IRS Section 1035 Exchange allows tax-free transfers of money from one financial instrument to another Care must be taken to be sure that all proper features are followed so unintentional taxes are not triggered by a careless …
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