Learn About Life Insurance In India The main dominating company in life insurance in India was the Life insurance Company of India, but in the recent years many new companies have entered into the market. The main reason as to why many people take up life insurance policy is to provide safety and security to their dependents after their demise. We can never predict the future, but in case of any issues you can always see to that...more
Dale E. Veitch Began His Career In 1984 In The Insurance Sector With over 18 years of experience in the financial services industry, Dale E. Veitch is a successful and extensively experienced professional from Orlando, Florida. He started his career in 1984 in the insurance sector, serving organizations like Central Insurance Underwriters and Metropolitan Life Insurance Company. Later, he was hired by an independent financial...more
Moving On and Beyond the Toxic People and Circumstances in Your Life Moving On and Beyond the Toxic People and Circumstances in Your LifeI strongly believe that each of us is on this planet to learn lessons of spirit and grow our souls. In this journey one calls life, one encounters all sorts of challenges and people who will test our strength, challenge our beliefs, rock our foundation, and makes us doubt ourselves. Interestingly enough, these times and people they seem to come in "bunches" make keeping our inner balance much more challenging… But not impossible!The related scenarios I have personally experienced have to do with illnesses that hit us unexpectedly and then finds out one has to live with them for the rest of our lives. Furthermore, the people who were our "good friends" when they thought one could be of use to them but turn into our backstabbing enemies –even making hurtful stories about us- and disposing of our persona as if we were an outdated magazine. Or… how about that brother, sister, mother, or other relative and friends who used to be close to us but are too busy to call now that one needs them the most, but they cannot handle seeing us...more
Guaranteed Acceptance Life insurance for People over 50 There was a time when life insurance policies were scarce and uncommon and a very limited class of society actually signed up for a life insurance policy. Today people have become more aware of the benefits of having a life insurance policy. It is basically a measure to...more
Single Premium Life Insurance - Is It For You? Single premium life insurance is a unique financial product that allows you to pay for whole life insurance in one lump sum. For example, you can buy a policy worth $200,000 for only $60,000. In addition to the death benefit, the cash benefit of a plan gets bigger faster when you invest...more
Survivorship Life Insurance Policies In estate planning, you have many tools available. If you have considerable income and assets that you want to leave to your heirs, then you must plan carefully to ensure that your beneficiaries receive the full benefit of their inheritance. Survivorship life insurance is a type of policy that can assist in making in easier to distribute your estate as well as manage the taxes involved in passing your legacy to future generations. Survivorship insurance is a policy that covers two people and does not pay out until both people die. An example of this would be children who did not get the death payout until both of their parents passed away.The strategy involved in mitigating the estate taxes associated with passing money to beneficiaries generally involves investing money into the life insurance that beneficiaries can use to replace money used to pay taxes. The reason why it involves two spouses is because of the fact that spouses are able to inherit an estate tax free. In a will, the children may be given the maximum amount of tax free assets and the rest passed onto the spouse. Then when the spouse passes away, the rest of the...more
Types of Term Life Insurance, Choose the Right One for You! Term life insurance is one of the most commonly purchased types of life insurance. It differs from whole life insurance in that the policy holder pays premiums and is only...more
Survivorship Life Insurance - What Are Its Uses? The primary purpose of just about any type of life insurance policy is to provide for the beneficiaries of the policyholder once they have passed away. Whether the money is intended to...more
Markets and Uses for Universal Life Insurance When people think of life insurance, they generally automatically assume it is only for end of life monetary benefits to their loved ones in the event of their passing. Although the primary...more
Characteristics of Single Premium Life Insurance When people think of life insurance, they typically do so in terms of the monthly payments they have to pay over the time frame relevant to the type of insurance they want to purchase....more
Defining Life Insurance for Taxation Purposes Life insurance is not only a great idea for future planning. It is not only a great idea for investment purposes. It is one of the best ways to shelter yourself from taxes. The money inside...more
Characteristics of Variable Life Insurance Products Although variable life insurance products pay out a death penalty when the policy holder dies, it can actually be looked at as more of an investment vehicle for your cash. Part of the...more