Insurance

Taxation of a surrendered life insurance policy depends on the type of insurance, the premium paid and how the premium was paid. Each policy surrendered produces its own tax implication.

Divorce actions between married couples carry a significant restructuring of financial instruments, assets, joint and individual debts, and everything held in common or accumulated during the...

Insurance fraud hurts everyone who buys an insurance policy since insurance premiums are based on the number and size of claims made for similar policies. The underwriting department of insurance...

In the past, many people used the term "death insurance" to refer to policies they obtained to cover funeral and burial costs. Actually, what they were using and purchasing all the time was some...

A whole life insurance policy is the traditional life plan sold by all insurance companies. This plan provides financial security for a family in the form of a death benefit if the insured passes...

Structured Settlements are legally binding payments set up between two parties after a physical injury, illness or workers' compensation tort claim. Because all of this is wrapped in a legal...

If you have a mortgage on your home, then chances are you are required to have homeowner's insurance. Homeowner's insurance in Florida varies widely in price depending on where you live. Coastal...

With the world becoming more and more environmentally conscious, the purchase of eco-friendly vehicles is growing steadily. To encourage and support this growth, insurance providers are offering...

Layoff insurance--also known as job-loss insurance--provides financial protection to workers who lose their jobs. Coverage can be purchased as an extended benefit of your homeowner's insurance to...

During hard times, some people need the services of a nursing home, an assisted-living facility or an at-home health-care service. These can be very expensive, especially for those with limited...

Burial insurance is a generic term for life insurance policies that are very small, typically below $15,000 or $20,000. These policies are technically ordinary life insurance, most often whole...

Insurance is sold by two types of agents: captive and independent. Although both types of agents can help you purchase acceptable insurance products, the independent insurance broker typically...

Life insurance companies have always charged higher premiums than people who smoke. Although this may seem unfair, the decision to make tobacco users pay more was not made simply out of bias or...

Life insurance is an extremely important purchase and you must be comfortable with the features of the policy and the insurance company. Since you may have your life insurance policy for decades...

The values of a life insurance policy can be affected by taxation. There are tax benefits that can aid in the accumulation of funds for the death benefit. The IRS, however, has imposed tax...

If you get your health insurance through your employer, you are somewhat shielded from the true cost of that coverage. That is because most employers pay the majority of the cost of health...

Life insurance provides for beneficiaries as part of your estate plan. Technology streamlines the life insurance-buying process. Of course, technology that aids overall insurance industry health...

The Social Security Administration (SSA) offers benefits to eligible people with disabilities. The prospective beneficiary is required to submit an application as well as a disability report in...

To maintain any type of insurance coverage, the policy owner must pay insurance premiums. Mmany factors affect the price of premiums. Whether the premiums are to pay for health, car or life...

Every homeowner and car owner needs to have sufficient coverage in place, both to protect against liability and to protect the value of the property. Fortunately there are some steps homeowners...

Younger people often overlook life insurance, as death seems so far off. People increasingly think of it as they age, and may wonder whether they are too old to obtain life insurance.

Life insurance can provide for burial expenses and support for loved ones if you die. Certain calculations, specifically the mortality table, affect the cost of insurance available to you.

When a loved one passes away, there seems to be an endless list of things to take care of to close out the estate. The process with Aetna Life and Casualty Insurance is streamlined and...

Getting the right home insurance for your needs at the lowest price takes some time and attention. Many times the lowest quote is not necessarily the best value or the lowest price, but it's hard...

An insurance policy is a contract that specifically outlines the terms of insurance coverage, including policy limits, deductibles, covered losses, exclusions and endorsements that alter the...

Spouse life insurance is critical to financial planning. Life insurance allows for financial contingency planning in the aftermath of untimely death. Integrate life insurance coverage within your...

Mortgage protection is an insurance policy that pays your mortgage in full in the event of your death or, if you meet qualifying criteria, will pay your monthly installment for a designated...

Millions of people have medical health insurance coverage in the United States. There are several options for people to obtain health care coverage including privately owned policies, group and...

In order to sell life insurance in a particular state, life insurance agents are required to be licensed by that state. Although requirements vary by state, a life insurance counselor license is...

Car insurance premiums can be very expensive. Knowing how they are calculated might help you save money.

Health insurance can be purchased to cover individuals or families. Owning a health insurance plan instead of being part of group coverage has its advantages and disadvantages.

Health insurance coverage is important, since the cost of medical care can reach hundreds of thousands, or even millions of dollars, for certain illnesses such as cancer or heart disease. If you...

When you buy insurance, you are buying the privilege to share risk with a group of peers. Though insurance always costs you something, the primary purpose of it is to lessen the blow of any...

Modified term life insurance is a combination of three kinds of insurance: life insurance, which covers funeral expenses and other end-of-life expenses while giving your loved ones financial...

Auto insurance is a necessity and can provide protection for your car and another person's care in case of accident. While most states require that all vehicle have an auto insurance policy, there...

Comprehensive homeowners insurance is a policy that covers most calamities that can happen to your home. The name "comprehensive" comes from it scope: It covers both the physical structure of your...

A health insurance premium is a fee you pay to the insurer for your health insurance coverage. The amount of your premium depends on the type and level of your coverage, and on whether part of the...

Several states use a no-fault auto insurance system, which is an alternative to the traditional tort liability system in which individuals who are liable for the accident are primarily...