Life insurance provides financial support for beneficiaries upon death; however, how this payout is received may have substantial tax ramifications. Distributions from life insurance policies are subject to tax if they exceed their policyholder’s cost basis, which this article will explore along with partial surrenders, withdrawals and loans that impact it. Cost basis When accessing […]
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When it comes to buying a new car, there are a lot of questions that come up. One of the most common is whether or not you need to register the car before you can get insurance. It can be a tricky question because both registration and insurance are important steps in getting your vehicle […]
Are you considering buying a car? Do you already have one but are afraid of the financial burden it could cause if something happens to it? You may have heard of gap insurance, but do you know what it is and whether it is worth getting? Gap insurance can be a lifesaver in certain situations, […]
When it comes to making the largest financial decision of your life—buying a home—it’s important to make sure your investment is protected. Mortgage title insurance is one way that you can do this. It’s a form of insurance that covers an owner against any unexpected problems with their title. But what is mortgage title insurance […]
Homeowners today must consider a range of factors when shopping for their home’s insurance. Not only should coverage be considered, but the cost for such coverage should also be taken into account. Of all these items, appliance insurance is typically one of the least talked about, yet it is an important piece of the puzzle […]
Car insurance can be a tricky business. You’re paying for protection and peace of mind, but when you don’t feel that your insurance company is giving you either, it can be very disheartening. If you are dissatisfied with your car insurance company, there are steps you can take to rectify the situation. From shopping around […]
Boat insurance is essential for protecting your investment, no matter where you live. If you’re asking yourself “Is boat insurance required in PA?” the answer is yes—boat owners in Pennsylvania must carry liability insurance to protect their boats and the people who sail them. But how do you go about finding boat insurance that meets […]
Pearle Vision is one of the largest optical retail chains in the U.S. with hundreds of eyecare locations that specialize in customer service excellence and accept most major vision insurance plans. Eye exams are essential to overall health, helping detect potentially life-threatening issues like glaucoma early. From scheduling an appointment or purchasing new glasses, Pearle […]
Mortgage Protection Insurance (MPI) is a form of life insurance designed to pay off your outstanding mortgage debt should you die. Additionally, MPI may cover expenses like disability and unemployment benefits and often requires no medical exams – making it an attractive alternative for people who can’t qualify for term or whole life policies due […]
Life insurance is one type of insurance you might need throughout your lifetime. It includes homeowners, renters, and car insurance. It is one of the most difficult types of insurance because of the variety of types and options available. There are two main types of life insurance. Permanent or term. There are only a few permanent forms of […]