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  2. Life Insurance: How to Choose The Best Option for You ... - AOL

    www.aol.com/life-insurance-choose-best-option...

    Life insurance payments can be used for almost anything—but are typically designed to help you cover end-of-life expenses and financial obligations should you pass away. Here are a few common ...

  3. Internal Revenue Code section 79 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    Section 79 plans are non-qualified as defined by the Internal Revenue Code, but still offer a tax deduction for sponsoring employers. [citation needed] An employee must include in gross income for Federal income tax purposes an amount equal to the cost of group-term life insurance coverage on the employee's life to the extent that the cost of ...

  4. Universal life insurance - AOL

    www.aol.com/finance/universal-life-insurance...

    Universal life insurance can be a versatile financial tool, but it’s important to understand both the advantages and disadvantages, especially if you’re considering this policy type for its ...

  5. Universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Universal_life_insurance

    Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States. Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest .

  6. 9 Reasons You Should Take Another Look at Whole Life Insurance

    www.aol.com/2014/03/05/whole-life-insurance-why...

    For premium support please call: 800-290-4726 more ways to reach us

  7. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance companies in the United States support the Medical Information Bureau (MIB), [22] which is a clearing house of information on persons who have applied for life insurance with participating companies in the last seven years. As part of the application, the insurer often requires the applicant's permission to obtain information ...

  8. Financial inclusion - Wikipedia

    en.wikipedia.org/wiki/Financial_inclusion

    Financial inclusion is the availability and equality of opportunities to access financial services. [1] It refers to processes by which individuals and businesses can access appropriate, affordable, and timely financial products and services—which include banking, loan, equity, and insurance products.

  9. Group insurance - Wikipedia

    en.wikipedia.org/wiki/Group_insurance

    The master policy holder of a group life insurance plan in the case of an "Employer Employee Group" is basically the Employer and for other groups would be the entity that has an insurable interest in the lives of its members. A bank it could be said has an insurable interest in the lives of its members who hold a deposit or have taken a loan.

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