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The cash value can be withdrawn, tax free, and it can be used by the policyholder to cover urgent financial needs.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:4/26/2017)... (PRWEB) , ... April 26, 2017 , ... ... human performance, is proud to announce that it has received 510(k) clearance from ... the MyoCycle Home and the MyoCycle Pro. , Both devices are stationary cycling ...
(Date:4/25/2017)... (PRWEB) , ... April 25, ... ... based in Newport Beach, California, committed to raising awareness for Duchenne muscular ... results from its randomized CAP-1002 (cardiosphere-derived cells) Phase I/II HOPE clinical trial ...
(Date:4/25/2017)... BC (PRWEB) , ... April 25, 2017 , ... The ... from Richmond, BC, who live with dental fear and require sedation to receive dental ... at ease during various procedures, from hygienic cleanings to oral surgery, at their ...
(Date:4/25/2017)... ... April 25, 2017 , ... ... unveiling cutting-edge birth defects research related to Zika virus during pregnancy, as well ... society for this important science. , The Teratology Society is ...
(Date:4/25/2017)... Clara, CA (PRWEB) , ... April 25, 2017 ... ... announces the addition of predictive analytics to its patient care management module. Using ... compliance even before a patient has been initiated on continuous positive airway pressure ...
Breaking Medicine News(10 mins):
(Date:4/19/2017)... VIEW, Calif. , April 19, 2017  IRIDEX ... it will release financial results for the first quarter ... 3, 2017.  The Company,s management team will host a ... 5:30 p.m. ET. Investors interested in listening ... (844) 707-0665 for domestic callers or (703) 326-3030 for ...
(Date:4/19/2017)... SAN DIEGO , April 19, 2017 /PRNewswire/ ... ("Sorrento"), an antibody-centric, clinical-stage biopharmaceutical company developing new ... today announced the closing of its previously announced ... common stock at a public offering price of ... commissions and estimated offering expenses payable by Sorrento.  ...
(Date:4/18/2017)... -- Cardinal Health (NYSE: CAH ) today is ... share (EPS) guidance and providing a preliminary view on ... this morning,s announcement of the planned acquisition of Medtronic,s ... Cardinal Health now believes that fiscal 2017 ... bottom of its previous guidance range of $5.35 to ...
Breaking Medicine Technology: