Category Archives: life insurance

Uses of life insurance for agricultural families

Life insurance can serve multiple purposes for an agricultural family. Some of these uses are: 1. Income replacement 2. Estate equalization 3. Estate tax liquidity 4. Buy-sell agreement funding 5. Wealth replacement for a CRT INCOME REPLACEMENT The most common … Continue reading

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Is there a decline for life insurance?

Application activity for individually underwritten life insurance was off -6.0% in March—one the steepest monthly declines of recent record, according to the MIB Life Index. At the close of the first quarter, the MIB Life Index was off -4.5% YTD, … Continue reading

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How NOT to be ripped off buying life insurance

Robert J Russell has been selling life insurance for over 32 years so this topic is not new to him at all and now here are ways NOT to get ripped off buying life insurance. For some people, under the … Continue reading

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Is today a good day to buy life insurance?

Robert has been selling life insurance for over 32 years and today the question is: Is today a good day to buy life insurance? Almost everyone understands the value of life insurance. Simply put, a life insurance policy is a … Continue reading

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What Happens if you cancel your Term Life Insurance?

The premium for a term policy is guaranteed for a certain number of years.  If you cancel the policy prior to the end of that term you will have paid slightly more for the coverage than was necessary.  Few term … Continue reading

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Which Policy provides Cash Value

Term Insurance does not provide Cash Value. There are two types of life insurance, term life insurance and permanent life insurance. Term insurance has no cash value with an exception of a return of premium rider at the end of … Continue reading

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When does Employer Paid Group Term Life Insurance become taxable?

If the amount of employer paid term life insurance is $50,000 or below, the value of the employer paid policy is not treated as taxable income to the employee.  When the amounts of coverage exceed the $50,000 threshold then that excess amount … Continue reading

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What Insurance Agency has the best rates for life insurance?

The best agency is the website that daily updates their list of Insurance Rates where you can get quotes and apply online To find out more and get a quote CLICK HERE Save

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Do You Have Enough Life Insurance?

No one likes to think about death, but it’s pretty much a guarantee. Whether you like it or not, you are going to die. That means you need to be properly insured so that your survivors can be financially secure after … Continue reading

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