Navigation Links
Whole Life Insurance Can Be Used In Estate Planning - Online Insurance Marketplace Explains How
Date:11/29/2013

(PRWEB) November 29, 2013

Online Insurance Marketplace has release a new blog explaining the importance of whole life insurance in estate planning!

Whole life insurance can be used in estate planning with many positive results. Whole life insurance is not just a simple insurance policy, but a lot more. Clients who know how to exploit the many features and advantages of such a plan can avoid important real-estate and inheritance taxes.

Whole life insurance is a type of permanent life coverage. The policy will never expire as long as the insured keeps paying the premiums. A permanent policy will always pay insurance proceeding after the insured dies. Besides permanent coverage, this policy comes with an investment component which generates cash value.

The cash value can be withdrawn, tax free, and it can be used by the policyholder to cover urgent financial needs.

Inheritance or death taxes can eat a big chunk of a person’s estate. The money paid in taxes will not reach the heirs or any family members, which results in great financial losses.Since a life insurance benefit, under certain conditions, is not taxable, it can work as a tax-free inheritance allowing the policyholder to leave a big inheritance without paying taxes.

Whole life insurance can work as an inheritance, but it can also be used to pay important estate taxes and cover other expenses such as mortgage loans. It offers substantial financial protection for a family since the benefit will allow the remaining family members to control and keep the policy holder’s estate in once piece.

“Whole life insurance can be a powerful tool in estate planning! It provides one of the best financial protection for families and it can be a wise investment!” said Russell Rabichev, Marketing Director of Internet Marketing Company.

Online Insurance Marketplace is an online provider of life, home, health, and auto insurance quotes. It is unique in that this website does not simply stick to one kind of insurance carrier, but brings the clients the best deals from many different online insurance carriers. This way, clients have offers from multiple carriers all in one place, this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://wholelifelifeinsurance.org.

Read the full story at http://www.prweb.com/releases/wholelifeinsurancequote/lifeinsurancequotes/prweb11376892.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Finding Holiday Gifts for People with Alzheimer’s Just Got a Whole Lot Easier
2. Wholesale Electronics Center from China PriceAngels.com Updates Its Website
3. Wholesale Evening Dresses Now Available At OgotoShop.com
4. Essential Wholesale & Labs Offers Natural Solution for Head Lice
5. Drug, Cosmetic & Toiletry Wholesaling in the US Industry Market Research Report Now Available from IBISWorld
6. Yogafit Partners With Wholebeing Institute, Bringing Positive Psychology Into Yoga Therapy Training
7. Casket Wholesale from China Casket Manufacturer MillionaireCasket.com
8. Wood Casket Promotion Just Launched By MillionaireCasket.com For Casket Wholesalers Worldwide
9. American Diabetes Wholesale Waives Standard Shipping Fees During National Diabetes Month
10. Essential Wholesale & Labs Unveils Autumn Aura Care for Face, Body and Hair
11. Leading Natural and Organic Cosmetics Manufacturer, Essential Wholesale & Labs Moves into 58,000 Square Foot Facility in Historic Northwest Portland
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/29/2016)... MO (PRWEB) , ... April 29, 2016 , ... International ... Technology Seminar on May 3 and 4 at the Doubletree by Hilton Hotel in ... is dedicated to marketing and applications technologies for protein ingredients. , At the seminar, ...
(Date:4/29/2016)... ... April 29, 2016 , ... The Society for Assisted ... endocrinologists are required to report in vitro fertilization (IVF) delivery rates ... the practice of assisted reproductive technologies in the United States. , This ...
(Date:4/29/2016)... ... April 29, 2016 , ... Orthodontics Limited, ... founders, Dr. Gemmi and Dr. Middleberg, were asked by Invisalign to ... During the seminar, titled “Advancing the Biomechanics of Invisalign Clear Aligners,” Dr. ...
(Date:4/28/2016)... ... April 28, 2016 , ... ProText Layouts is a set of 30 ... . With ProText Layouts, video editors can create an energetic typography video with ... scale of texts. Creating text-based videos have never been easier. , ProText Layouts ...
(Date:4/28/2016)... ... April 28, 2016 , ... ... today the open availability of a new CDISC standard, Clinical Trial Registry ... clinical trials. This innovative standard will make it possible to build applications ...
Breaking Medicine News(10 mins):
(Date:4/28/2016)... April 28, 2016 TapImmune,Inc. ... innovative peptide and gene-based immunotherapeutics and vaccines for the treatment ... presenting at the 3rd Annual Growth Capital Expo ... , 2016 at Caesars Palace in Las Vegas, Nevada.  ... Wednesday, May 4 th by Dr. John N. ...
(Date:4/27/2016)... Avril 2016   ... +5% sur le trimestre, soutenu par une croissance ... Croissance de +16% des ventes aux hôpitaux ... Kea Technologies (Euronext : MKEA, FR0010609263 ; OTCQX : MKEAY), inventeur ... aujourd,hui son chiffre d,affaires pour le premier trimestre ...
(Date:4/27/2016)... , April 27, 2016   Zillion ... digital health technology platform, which specializes in live ... into scalable digital products, Zillion enables companies to ... empower consumers to take control of their health. ... video conferencing – including one-to-one, group and webcast ...
Breaking Medicine Technology: