Posts Tagged ‘life’

What are out-of-pocket policy premiums in a term life insurance?

Pay the Extra Premiums for Whole Life Insurance Quotes?

I currently have a term life insurance policy and am considering converting it to a whole life policy. I’m married with no kids. My wife has her own life insurance and retirements already in place. We are not going to have children. The main reason I was interested in the Whole Life was the investing portion to supplement my current mutual fund retirement. Should I pay the extra premiums for the Whole life or should I keep the term life and put the extra money into a Roth IRA? Any advice would be great. Thank you

What is the distinction of life insurance premium and proceeds?

Can you give me the core concept of life insurance proceeds? Does it mean when you are entitled to received proceeds, it includes the premium or the amount invested and the interest therein or you are only entitled to receive the amount invested in the company? Please give me a life situation concept so I can understand it well. Many thanks!

If my employer covers my term life insurance premiums, will that have any affect on its taxability?

From what I understand, if you have term policy with the initial death benefit of $500,000, that should be free and clear from being taxed considering it has no real cash value (correct me if I’m wrong).
I’m curious if my employer has life insurance set up and covers the monthly premiums. Does that change whether or not the amound to be received upon death is taxable.
I’ve looked at it both ways and I could see it being possible with either of them.
In case one, the employer is paying for my life insurance, and that could possibly be looked at as income.
On the other hand, it could simply be looked at as a benefit, therefore not changing the fact that it is non-taxable.
I’m just so confused, please help?!

I have a $10k term life insurance policy. I payed premiums for 30 years. Can I recoup the overage.?

I have a 10,000 dollar insurance policy. I have been paying premiums for 30 years. The total amount of premiums that I have paid far exceeds the face value of the insurance policy. Do I have any recourse to recoup the overage?

What factors determine the premiums of life insurance?

What medications being taken can cause an increase in premiums for term life insurance?

my life insurance premiums gone up so high. Is it worth keeping? We have used up cash value.?

policy is 28 years old. Husband, the insured is 73. Good health.

Which company has the best term life insurance premiums for a 47 yr old healthy man?

Is life insurance premiums deductible if beneficiary is a church? Does ownership matter?