But Doug Head, executive director of the Life insurance
Settlement Association, said his organization opposes what he called "stranger-initiated" life insurance
products, which like regular life insurance
provide tax-free money for beneficiaries upon a policyholder's death, are increasingly included in investors' financial portfolios.
74 Southern Farm Bureau Life Insurance
The most common obstacle encountered when coordinating life insurance
in an estate plan is determining whether the premium payments fit within the Crummey powers in the irrevocable mist.
Term Life Insurance
--Term insurance is life insurance
coverage that pays a death benefit only if the insured dies within a specified time period.
The growth in the secondary market for life insurance
policies has soared over the last decade.
Agents who sell variable life insurance
products must be registered with the National Association of Securities Dealers and have additional state licenses.
Before the 1986 Tax Reform Act, minimum-deposit (leveraged) life insurance
had been used as a way to fund the increasingly popular Supplemental Executive Retirement Plan (SERP).
4 Metropolitan Life Insurance
Co 4,117,055 4,138,533
Equitable Life Insurance
Company of Iowa, Des Moines, Iowa, merged into Golden American Life Insurance
The arrangements involve an employer's establishment of a plan and deduction of plan contributions used to purchase specially designed life insurance
contracts for highly compensated employees (HCEs).
As part of that plan, she recommended that the Bufords increase their life insurance
coverage to two policies worth $2.