Tag: "Death Benefit"
Will A Claim On A Life Insurance Policy For A Smoker Be Denied
Readers Question: I am a smoker and I live in College Station, Texas.”Will a claim for a smoker be denied if the policy is for a non-smoker?” Answer to Readers Question: You may want to ask your agent or company about your policy specifically. However, what typically happens is that if you have had a [...]
How Does A Life Insurance Trust Work?
Todd, lives in Brazosport, Texas and his recent call was to ask, “How does a life insurance trust work?” Answer to Readers Question: Todd it is really simple: A life insurance trust is used to remove the assets and death benefit of the life insurance policy out of the insured’s estate for estate tax purposes. [...]
How Does A Life Insurance Trust Work?
Todd, lives in Brazosport, Texas and his recent call was to ask, “How does a life insurance trust work?” Answer to Readers Question: Todd it is really simple: A life insurance trust is used to remove the assets and death benefit of the life insurance policy out of the insured’s estate for estate tax purposes. [...]
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