Category Archives: Insurance

When to Consult an Attorney or Lawyer for a Car Accident

When to Consult an Attorney or Lawyer for a Car Accident A motor vehicle collision is a distressing experience. Accident victims sometimes overlook or never consider engaging legal counsel because they have so many other concerns, including property damage, medical costs, dealing with the at-fault driver and insurance providers. Consider contacting a car accident lawyer… Read More »

Everything You Should Know About Flood Insurance

Everything You Should Know About Flood Insurance Flood insurance has been a popular issue, appearing more frequently in the media and trade magazines as flood damage has increased over the past several years. Unfortunately, the public’s understanding of insurance has never reached its full potential because it usually peaks following significant catastrophic incidents. Recent large-scale… Read More »

Issues With Premium Finance Life Insurance

Issues With Premium Finance Life Insurance The premiums for a life insurance policy with premium financing must be paid for by a bank loan obtained by the policyholder. The tactic reduces the overall cost of purchasing a very big life insurance policy, and rich Americans employ premium financing for for this reason. However, there are… Read More »

How to Understand Cash Value Life Insurance

How to Understand Cash Value Life Insurance Cash price A type of life insurance that accrues cash value is life insurance, sometimes referred to as universal life or whole life insurance. You can utilize this cash value in a variety of ways, such as to pay premiums that are overdue, to take a part for… Read More »

Is Life Insurance Cash Surrender Value Taxable

Is Life Insurance Cash Surrender Value Taxable Confusion abounds around the taxability of cash surrender values from life insurance. The tax-free characteristic of life insurance is frequently praised by agents. However, the marketing materials frequently include a ton of footnotes on the topic of taxes. So, is your life insurance cash surrender value taxable? Yes,… Read More »