Author: Keen Fox
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What is an Annuity?
Read more: What is an Annuity?An annuity is a financial product that pays out regular income for a specific period or the life of the contract holder. It is a contract between an individual and an insurance company, which provides a guaranteed stream of income during retirement or any other period. An annuity can be an excellent tool for people […]
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How to benefit from Index Universal Life (IUL)
Read more: How to benefit from Index Universal Life (IUL)Indexed universal life insurance (IUL) is a type of life insurance policy that offers both a death benefit and a cash value component. The cash value component of an IUL policy is invested in various indexes such as the S&P 500, which allows the policy to earn a potential return based on the performance of […]
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Want a quote for a Permanent Life Insurance?
Read more: Want a quote for a Permanent Life Insurance?Permanent life insurance is a type of life insurance that provides coverage for the entire lifetime of the insured, as long as premiums are paid. There are several benefits to having a permanent life insurance policy:
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Finance & Good Health
Read more: Finance & Good HealthFinance and good health are two interconnected aspects of life. It is important to maintain a balance between the two to ensure overall well-being. In this article, we will explore the relationship between finance and good health and how they impact each other. Financial stress is one of the leading causes of poor health. When […]
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Importance of Annual Health Check-up
Read more: Importance of Annual Health Check-upAn annual doctors appointment is an essential part of maintaining good health and preventing the onset of diseases which can improve qualifications for varying life insurance plans. During this appointment, a doctor can assess a patient’s overall health, identify potential health risks, and provide recommendations for maintaining optimal health. In this article, we will explore […]
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Can I still qualify for Life Insurance if I had a stroke?
Read more: Can I still qualify for Life Insurance if I had a stroke?It is possible to qualify for life insurance after having a stroke, but it may depend on the severity of the stroke, the length of time since the stroke occurred, and other factors such as age, overall health, and lifestyle choices. Life insurance companies will typically consider factors such as the type of stroke, the […]
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The Importance of Financial Literacy
Read more: The Importance of Financial LiteracyFinancial literacy is the ability to understand and manage personal finances. It is a crucial life skill that can help individuals make informed decisions about money, investments, and debt. Despite its importance, financial literacy is often overlooked, and many people lack the knowledge and skills to manage their finances effectively. In this article, we will […]
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Women and Life Insurance
Read more: Women and Life InsuranceLife insurance is important for everyone, including women. In fact, it is just as important for women as it is for men. Women often play multiple roles in their families, including being a primary caregiver, which can make life insurance even more important. Life insurance can provide financial security to your loved ones in the […]
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What is 7702?
Read more: What is 7702?Section 7702 is a section of the United States Internal Revenue Code that defines the tax treatment of life insurance contracts. Specifically, it sets forth the requirements that a life insurance policy must meet in order to qualify for tax-favored treatment. The section 7702 rules were put in place to prevent individuals from using life […]
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What is a Policy Lapse?
Read more: What is a Policy Lapse?Life insurance policy lapse occurs when the policyholder fails to pay the required premiums on their life insurance policy and the policy terminates. When a policy lapses, the coverage provided by the policy ends and the policyholder is no longer entitled to any benefits or payouts from the policy. If a policy lapses and the […]
