Life Insurance Resources

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Can an illegal immigrant buy life insurance?

Restrictions for illegal immigrants You just cannot get around the fact that if you are an illegal individual in the United States, you are going...

Restrictions for illegal immigrants You just cannot get arou...

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Can I take out a life insurance policy on my husband?

The answer to that question is yes. It is a long-standing principle in the naming of beneficiaries that there needs to be an “insurable interest”...

The answer to that question is yes. It is a long-standing pr...

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Can a person with a felony get life insurance?

Why Don’t Life Insurance Companies Insure Felons? It may be very difficult to get life insurance on your life once you enter the criminal justice...

Why Don’t Life Insurance Companies Insure Felons? It m...

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Is a life insurance policy public record?

For the most part, life insurance policies are not a part of any public records. Life insurance proceeds are paid directly to a named beneficiary...

For the most part, life insurance policies are not a part of...

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Can a 90-year-old buy life insurance?

One of the more common questions that insurance companies get is whether or not they offer life insurance to certain individuals. Someone who is 20-years...

One of the more common questions that insurance companies ge...

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Can whole life insurance premiums be tax deductible?

Life insurance is considered a necessity for some individuals, families and businesses. Knowing that you are leaving enough finances behind to keep things running strong...

Life insurance is considered a necessity for some individual...

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Can a funeral home be a life insurance beneficiary?

You can breathe easier knowing that final expenses will be paid through your insurance policy, but many people ask if there is a way to...

You can breathe easier knowing that final expenses will be p...

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Can Medicaid take my life insurance policy?

What is Medicaid? Medicaid is a joint federal-state health insurance program. In most states, it is called Medicaid, but three states have renamed it. California calls...

What is Medicaid? Medicaid is a joint federal-state health ...

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Can someone with diabetes get life insurance?

Only 10 percent of those diagnosed with diabetes have type 1, according to the CDC. This what is known as insulin-dependent diabetes. The pancreas fails...

Only 10 percent of those diagnosed with diabetes have type 1...

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Can anyone take out a life insurance policy on me?

Who can take out a life insurance policy on your life? Only someone with an insurable interest in your life would be allowed to take...

Who can take out a life insurance policy on your life? Only ...

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Can you have multiple life insurance policies?

Is It Legal to Have More Than One Life Insurance Policy? Yes, anyone can have more than one life insurance policy with one or multiple...

Is It Legal to Have More Than One Life Insurance Policy? Yes...

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Can a life insurance company access my medical records?

In 1996, the U.S. federal government passed The Health Insurance Portability and Accountability Act. It is commonly known as HIPAA. However, due to the way...

In 1996, the U.S. federal government passed The Health Insur...

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Are life insurance dividends taxable income?

Most people own some form of life insurance. If you own term insurance, basically, you are paying for a death benefit that will expire at...

Most people own some form of life insurance. If you own term...

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Are life insurance dividends taxable income?

Most people own some form of life insurance. If you own term insurance, basically, you are paying for a death benefit that will expire at...

Most people own some form of life insurance. If you own term...

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