G.I. Reserve Life Insurance?

G.I. Reserve Life Insurance? Hello, I’m, new to the Army Reserve and was wondering how does the Reserve G.I. Life Insurance work? I know It’s being deducted out of my monthly checks now. Does it cover me as of now (including civilian), or only when Deployed/TDY? As of now, is the cost bare minimum?” Once […]

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Is my life insurance taxable?

Is my life insurance taxable? The policy was begun by my mom and all premiums were paid up years ago. BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes RELATED: Car accident claim to insurance company? a car rear-ended me one night. after i made […]

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Does becoming pregnant qualify as a life changing event for most insurance companies/employers?

Does becoming pregnant qualify as a life changing event for most insurance companies/employers? Commonly, life changing events are listed as marriage, divorce, and birth of a child, ect. If a person doesn’t have insurance and learns that they are pregnant, will most companies allow enrollment at that time even if enrollment is scheduled at a […]

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A life insurance company sells a $250,000 1-year term life insurance policy to a 20-year-old female?

A life insurance company sells a $250,000 1-year term life insurance policy to a 20-year-old female? for $200. According to the National Vital Statistics Report. 56(9), the probability that the female survives the year is 0.999544. Compute and interpret the expected value of this policy to the insurance company – I also have to find […]

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401K and Life Insurance?

401K and Life Insurance? My wife recently passed away. She was still employed when she died, age 66. She had also just started to collect Social Security benefits. Through her employer, she had life insurance. Is the benefit on insurance taxable? Is this usually disbursed as a lump-sum, one time payment? She also had a […]

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Whole life insurance and taxes?

Whole life insurance and taxes? why do i have to pay taxes on a whole life insurance premium if I paid taxes on this money already as my paycheck? Same thing with personal IRA’s ? BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes RELATED: […]

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