Life Insurance Resources

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Can anyone take out a life insurance policy on me?Post

Can anyone take out a life insurance policy on me?

Who can take out a life insurance policy on your life? Only someone with aninsurable interest in your lifewould be allowed to take out a...

Who can take out a life insurance policy on your life? Only ...

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Can you have multiple life insurance policies?Post

Can you have multiple life insurance policies?

Is It Legal to Have More Than One Life Insurance Policy? Yes, anyone can have more than one life insurance policy with one or multiple...

Is It Legal to Have More Than One Life Insurance Policy? Yes...

Are life insurance premiums paid by my employer taxable?Post

Are life insurance premiums paid by my employer taxable?

Is employer paid life insurance taxable? While the taxation oflife insurancepremiums may appear complicated, it is not the most complex part of the U.S. tax...

Is employer paid life insurance taxable? While the taxation ...

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Can a life insurance company access my medical records?

In 1996, the U.S. federal government passed The Health Insurance Portability and Accountability Act. It is commonly known as HIPAA. However, due to the way...

In 1996, the U.S. federal government passed The Health Insur...

Are life insurance dividends taxable income?Post

Are life insurance dividends taxable income?

Most people own some form of life insurance. If you own term insurance, basically, you are paying for a death benefit that will expire at...

Most people own some form of life insurance. If you own term...

Are life insurance dividends taxable income?Post

Are life insurance dividends taxable income?

Most people own some form of life insurance. If you own term insurance, basically, you are paying for a death benefit that will expire at...

Most people own some form of life insurance. If you own term...

What is a beneficiary in life insurance?Post

What is a beneficiary in life insurance?

Investopedia tells us that A beneficiary is any person who gains an advantage and/or profits from something. But, especially for purposes of life insurance, a...

Investopedia tells us that A beneficiary is any person who g...

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Can I buy life insurance at age 40?

You can purchase life insurance in your forties, but your options become more limited with age so you will need to act fast. To secure...

You can purchase life insurance in your forties, but your op...

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Can I buy life insurance at age 30?

If you are in your thirties and considering purchasing life insurance, now is the best time to make the deal. If you are in relatively...

If you are in your thirties and considering purchasing life ...

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Can I buy life insurance at age 60?

In most cases, you can certainly expect to be able to buy life insurance at the age of 60. However, as you might have guessed,...

In most cases, you can certainly expect to be able to buy li...

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Will life insurance cover a military death?

The Servicemembers’ Group Life Insurance, commonly known as SGLI, does cover a military death, but many private life insurance companies do not. When making a...

The Servicemembers’ Group Life Insurance, commonly kno...

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Can I buy life insurance at age 50?

You can certainly still buy a quality life insurance policy at age 50 even though it may be a little more costly. Finding life insurance...

You can certainly still buy a quality life insurance policy ...

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Can I buy life insurance for my dog?

Can I buy life insurance for my dog? Pet insurance is a relatively new product on the market. A few decades ago, the notion of...

Can I buy life insurance for my dog? Pet insurance is a rela...

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Is Life Insurance More Expensive for Fat People?

Life insurance is an optional form of insurance coverage that a person can buy in order to secure a financial future for surviving relatives or...

Life insurance is an optional form of insurance coverage tha...

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Can I buy life insurance on my grandfather?

You can purchase life insurance for your grandfather as long as he is relatively young, in satisfactory health and under the age of 85. Because...

You can purchase life insurance for your grandfather as long...

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Can I buy life insurance on my grandmother?

Yes, you may purchase life insurance on your grandmother’s behalf but you just need her permission. You should be aware of certain stipulations though. For...

Yes, you may purchase life insurance on your grandmotherR...

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