Tag: life insurance facts

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Is my life insurance deductible on schedule c?

Important things to know… Most Life Insurance Premiums Are Not Tax Deductible Schedule C is the IRS form that a small business uses to report its profit and loss from doing business. Policy Loans Are Not Taxable In a general sense, life insurance pre …

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Can an 80-year-old buy life insurance?

Important things to know… The mortality factor in life insurance premium calculations Types of life insurance policies older people can purchase Business needs that older people have which are solved by life insurance No matter their age, if a person …

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Where can I find affordable life insurance if I am over 50?

Important things to know… Hire a knowledgeable Life Insurance Broker The cost and affordability of the premiums is relative to your needs Life Insurance is one of the most flexible of financial instruments and can be designed to meet your cash flow n …

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How do I find affordable life insurance for seniors?

Important things to know… Age, health, and procrastination all affect life insurance rates Whole Life lasts until you need it Term life insurance is life coverage for a limited term of time Senior citizens are closer to the end of their life, as oppo …

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How do I find affordable life insurance policies?

Important things to know… The word “affordable” is relative Sources for finding “cheap” life insurance are very plentiful Hire a life insurance broker for fine tuning and detailed planning Have your cake and eat it too Build i …

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