Are Life Insurance Proceeds Taxable? Cases in Which Life Insurance is Taxed
Life insurance proceeds are typically not taxable as income, but there are several cases in which a life insurance death benefit or policy... Read More
Auto insurance is required for drivers in most states and can help protect you financially in case of an accident. It can also cover the costs of your own injuries or damage to your vehicle.
Home insurance is crucial to protect the biggest investment you’ll likely ever make. In addition to covering your home, it also safeguards what’s inside if there’s a fire or other disaster. And a policy can help protect you if you’re sued for an injury that occurs at your house.
Medical bills can be incredibly expensive and quite unpredictable. Health insurance helps to cover your family financially in case one of you is injured or becomes ill.
While renters may not face all of the risks of homeownership, their property could still be stolen or damaged by fire or natural disaster. Renters insurance helps protect your belongings and parts of your residence.
Whether you’re an occasional rider or use your motorcycle daily, motorcycle insurance helps to protect both your bike and your liability while on the road.
Life insurance helps ensure your family and those who depend on you will be financially taken care of when you pass away. Depending on your needs, policies may offer income replacement, money to pay off a mortgage or even funds for your child’s education.
If your pet gets sick or is injured, health care costs are often similar to those charged for humans. Pet insurance can help to pay for your animal’s vet bills and treatment.
Weddings are often expensive and can take months to plan. Wedding insurance helps to make sure that if anything goes wrong, you’ll be financially protected.
Life insurance proceeds are typically not taxable as income, but there are several cases in which a life insurance death benefit or policy... Read More
Group and supplemental life insurance from your employer can provide coverage at discounted rates. But should you buy individual term life... Read More
Your life insurance policy should include enough to cover the money your family relies on you for, plus your end-of-life expenses, if... Read More
Your FEMA flood zone is used to determine whether you're required to purchase flood insurance. However, it's no longer used to calculate... Read More
Universal life insurance offers permanent coverage similar to whole life insurance, but it has better rates and the opportunity to pay... Read More
When you die, some debts are forgiven, but most are collected from your estate. If your loans are larger than the value of your estate,... Read More
Most states don't require boat insurance. However, your bank or marina may require... Read More
No medical exam life insurance, also called simplified issue, lets you get coverage without a physical, blood test or urine test. While... Read More
Fire insurance pays for damage to the structure of your home and your stuff, like furniture and clothing. Fire coverage is included in most... Read More