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tax advantages of premium financing for life insurance

How to Take Advantage of the Estate and Gift Tax Benefits of Premium Financing

​The estate and gift tax benefits of premium financing are the most attractive components of this life insurance strategy. There are several ​methods within premium financing you might employ to avoid these taxes. Which ones you pick will depend on your financial situation. ​These financial strategies will apply in different circumstances. Keep in mind that.. Read More →

HIV life insurance

How to Find Life Insurance Approval for HIV or AIDS

​Recent changes in the underwriting guidelines of some companies are making it possible to get traditional, fully underwritten life insurance with an HIV-positive diagnosis. ​Even if you have been declined before, ​you may now qualify for regular life insurance. The underwriting criteria in particular spells out what is permitted and what will be postponed or.. Read More →

best life insurance for 63 year old

How to Get the Best Life Insurance for a 63 Year Old (The Easy Way)

​Before you buy the first policy that comes along to get this over with, there are some things you should know about saving money on life insurance for a 63 year old. ​Quick Summary​Health conditions seem to magically crop up once people reach their 60s. Everything can matter, even something normal like high blood pressure… Read More →

ILIT for premium financing

Using an Irrevocable Life Insurance Trust for Premium Financing

​The first step in setting up life insurance with premium financing is creating an irrevocable life insurance trust. An irrevocable life insurance trust (ILIT) sets up tax benefits to protect large estates from exorbitant ​estate tax obligations. ​This type of trust requires several critical legal and financial decisions. To get everything right while avoiding pitfalls.. Read More →

how does waiver of premium work

Waiver of Premium Rider for Life Insurance (How it Works)

Waiver of premium allows you to skip your life insurance payments if you become disabled and cannot work. It’s an extra layer of protection for folks who may not have enough emergency funds set aside to cover a year or two of life insurance payments. It’s a small additional premium for extra peace of mind.. Read More →

IUL for premium financing

4 Reasons IUL is Best for Premium Financing

​Indexed universal life insurance is, without debate, the best choice for life insurance premium financing. ​Each type of permanent life insurance ​has its pros and cons, but the other types of permanent life insurance have drawbacks that put you at higher potential risks with premium financing. ​On the other hand, an indexed universal life policy.. Read More →

life insurance at age 31

How to Get Super Low-Cost Life Insurance at Age 31

​Life insurance rates stand on three main factors, your age, biological sex, and current health. When looking for life insurance at age 31, you’ve done almost as well as you can on the age range. There are a few other tricks to saving money​. With a quick bit of research, you can make sure you.. Read More →

life insurance for 70 year olds

How to Get Great, Low-Cost Life Insurance for a 70 Year Old

​Most people think of life insurance as a young person’s thing. Something you buy to make sure you can support your children through their childhood. But there are other important reasons to get life insurance for a 70 year old. ​It could be supporting a spouse or just making sure your estate has the money.. Read More →

can you get life insurance with celiac disease

Affordable Life Insurance with Celiac Disease? (Here’s How)

​There is a lot of confusion about whether or not you can get reasonably priced life insurance with celiac disease. Life insurance companies don’t make it any easier with their widely varying underwriting guidelines. ​There are a few tips and tricks you can use to improve your life insurance health class. (Your health class is the.. Read More →