The effective use of single premium life insurance can create an
atmosphere of peace and tranquility for an insured and his or her family
You have worked hard over the years and accumulated a pretty hefty nest egg. May be, you received an insurance settlement, won the lottery, accumulated a large sum in a retirement account, or inherited some cash from a caring relative.
You, however, feel there is still a need for some life insurance, possibly to pay estate taxes. You check out several types of life insurance including single premium life insurance.
What will happen to your family when you die? Will they be provided for? Life Insurance is the solution and we can help. Compare Multiple Quotes from Highly Ranked Carriers and Save up to 70%! Getting your quote is easy and FREE. Click Here And Save
You may discover that a single premium life policy is exactly what you are looking for. Here is a brief outline of how these policies can work for you.
As far as taxes is concerned, your single premium insurance policy is
viewed as a modified endowment policy, and is treated differently from
life insurance policies.
Most life insurance companies set a minimum amount of single premium life insurance that you can purchase. This is usually about $5,000.
Remember, dividends are not guaranteed.
Can you think of anything more important than your Family's Security? What would happen to Your Family if you died? Would they be provided for? Compare Quality Life Insurance Quotes from Quality Carriers and Save. Click Here To Learn More
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Death proceeds from 10 year life insurance can be in lump sum form or incomr form
The 5 year term life insurance policy has been around in insurance circles for a very long time. It can be sold as a policy or as a rider to a permanent life insurance policy.
The 20 year term insurance policy is one of the most sought after life insurance policies.
Take a look at 20 pay life insurance. Most people know that you buy whole life insurance if you want to be covered for the rest of your life even if you live to age 100.