Life and Disability Insurance Matters for Adoptive Parents

Jamie Articles Leave a Comment

Today I read an interesting article discussing common adoption fears. http://www.parents.com/parenting/adoption/101/common-adoption-fears-of-adopting-parents/?socsrc=pmmtw So what happens after the process is complete? It is imperative that you ensure you are properly protected with life and disability insurance. Here are some tips for adoptive parents: 1)      For life insurance, take a new look at your financial situation. The breadwinner should have at least 10-12x …

Share

Should I Use the Same Company for Life and Disability Insurance?

Jamie Articles Leave a Comment

When you purchase either an individual disability insurance or life insurance policy, you may reuse your paramedical results up to six months after the exam if you purchase the other type of insurance. Clients often ask me if they should use the same company if they buy the other coverage or if there is a discount. The answer is oftentimes …

Share

Is Life Insurance taxable?

Jamie Articles Leave a Comment

Generally, the answer is “no,” life insurance death benefits are not subject to Federal Income tax. However, there are some exceptions that can cause a life insurance death benefit to be included in an insured’s estate and subject to Federal estate tax and estate administrative expenses.  The three typical situations when life insurance is included in a decedent’s gross estate …

Share

The Most Important Insurance for New Parents

Jamie Articles Leave a Comment

As a new parent, you are already overwhelmed with your major life change!  This life changing event also means it is time to take a close look at your insurance to make sure your precious family is protected. Where do you start? Life Insurance. Life insurance pays out a death benefit to your survivors. Even if you are a stay …

Share

Consultants Choosing Set for Life Insurance for Disability Insurance

Jamie Articles Leave a Comment

Consultants from around the country are discovering Set for Life and choosing them to help them with their life insurance, disability insurance and long term care insurance needs. A lot of consultants are choosing to leave their large companies to start their own firm. As a result, they are losing their insurance benefits and need to purchase them on their …

Share