Kenneth Fagundo

Kenneth Fagundo

Hipster-friendly beer maven. Total tv scholar. Infuriatingly humble social media ninja. Proud sushi specialist. Evil travel guru.

45 Articles Written
What are types of life insurance?

What are types of life insurance?

For the most part, there are two types of life insurance plans: term or permanent plans, or a combination of both. Life...

How much is whole life insurance for a 50 year old?

How much is whole life insurance for a 50 year old?

Buying life insurance can get more difficult as you age, but it's certainly possible. Life insurance generally costs more ...

Can you deduct life insurance on tax return?

Can you deduct life insurance on tax return?

Life insurance premiums are generally not tax-deductible. However, there are some exceptions to this rule.

Does life insurance cover funeral costs?

Does life insurance cover funeral costs?

Many life insurance policies pay a lump sum when you die the beneficiary of your choice. It will pay for your funeral or...

What is the most common form of life insurance?

What is the most common form of life insurance?

The most common type of life insurance is term life insurance. Term life insurance is the simplest and most affordable...

What percentage of life insurance premiums are tax deductible?

What percentage of life insurance premiums are tax deductible?

Life insurance premiums are considered a personal expense and are therefore not tax-deductible. From an IRS perspective,...

When do life insurance policies expire?

When do life insurance policies expire?

A term life insurance policy usually lasts 10, 20, or 30 years. Some insurers offer longer or shorter terms, between five ...

What life insurance premiums are tax deductible?

What life insurance premiums are tax deductible?

In these cases, small businesses can deduct premiums paid on behalf of employees from their taxes. You generally can't...

What does life insurance policy do?

What does life insurance policy do?

Life insurance is a type of insurance contract. When you take out a life insurance policy, you agree to pay premiums to...

Are life insurance policies part of an estate?

Are life insurance policies part of an estate?

Generally, life insurance death benefits are included in the assets of the policy owner, regardless of who pays the...

Is a life insurance policy public record?

Is a life insurance policy public record?

Life insurance policies aren't usually in the public record, but they can be found in places that accumulate records of...

What is the average cost of a life insurance policy?

What is the average cost of a life insurance policy?

Life insurance without a medical exam uses previous medical records instead of a physical exam to assess your health so...

Are life insurance policies tax deductible?

Are life insurance policies tax deductible?

Life insurance premiums are generally not tax-deductible. However, there are some exceptions to this rule.

What does it mean when a life insurance policy goes to the estate?

What does it mean when a life insurance policy goes to the estate?

In some cases, the proceeds of the life insurance policy go to the estate of probate. There, the estate uses the funds to ...

How many life insurance policies can i have?

How many life insurance policies can i have?

There are no legal limits to the number of life insurance policies you can have. However, make sure that the benefits you ...

When can you deduct life insurance premiums?

When can you deduct life insurance premiums?

You can never deduct life insurance premiums from your taxes if you bought a policy for yourself (which means it's paid...

What does it mean for life insurance to be assigned?

What does it mean for life insurance to be assigned?

A life insurance policy can be assigned when the rights of one person are transferred to another. Your insurance policy...

How To Choose The Right Life Insurance Policy In Canton For You

How To Choose The Right Life Insurance Policy In Canton For You

If you are like most people in Canton, you probably don’t think about life insurance all that often. But the truth is...

Does life insurance give you money?

Does life insurance give you money?

Life insurance is a contract between you and an insurance company. Basically, in exchange for paying your premium, the...

What are the 3 basic insurance policies that most everyone has to have?

What are the 3 basic insurance policies that most everyone has to have?

The Bottom Line Home or Property Insurance, Life Insurance, Disability Insurance, Health Insurance, and Auto Insurance...

Can life insurance policies be assigned?

Can life insurance policies be assigned?

You can freely assign your life insurance policy unless any limitation is specified in your contract (your insurance...

What are the 3 life insurance policies?

What are the 3 life insurance policies?

They all have a cash value, as does a comprehensive life insurance policy. Your premiums go to both the cash value and...

Which life insurance policies can you borrow from?

Which life insurance policies can you borrow from?

You can borrow permanent life insurance policies that generate cash value. Typically, these policies would include...

How can i find out if i have a life insurance policy on me?

How can i find out if i have a life insurance policy on me?

Life insurance companies issue a lot of paperwork. Call your state's Office of the State Commissioner.

Which life insurance option is best?

Which life insurance option is best?

Keep in mind that premiums for permanent policies are generally higher than those for temporary insurance. However, the...

When can life insurance be denied?

When can life insurance be denied?

A claim can be denied if the policyholder stopped paying premiums, lied about their claim, committed suicide during the...

Which life insurance premiums are tax deductible?

Which life insurance premiums are tax deductible?

Life insurance premiums are generally not tax-deductible. However, if life insurance is a business expense, premiums may...

What is life insurance contract?

What is life insurance contract?

Life insurance can be defined as a contract between the holder of an insurance policy and an insurance company, in which...

How do i know if i have life insurance policies?

How do i know if i have life insurance policies?

Your first stop should be the National Association of Insurance Commissioners life insurance policy locator. With a...

What life insurance policies can you borrow from?

What life insurance policies can you borrow from?

You can borrow permanent life insurance policies that generate cash value. Typically, these policies would include...

Whole life insurance policies are contractually guaranteed to provide?

Whole life insurance policies are contractually guaranteed to provide?

It is contractually guaranteed that the cash value of a full life insurance policy will equal the death benefit as soon...

What life insurance policies build cash value?

What life insurance policies build cash value?

While variable life insurance, total life insurance and universal life insurance have a built-in cash value, term life...

How life insurance policies work?

How life insurance policies work?

Basically, in exchange for paying your premiums, the insurance company life insurance is a contract between you and an...

How do i find out if a life insurance policy exists on myself?

How do i find out if a life insurance policy exists on myself?

As we said, there is no simple web database that allows you to know if you are the beneficiary of a policy, but there are ...

What is life insurance for?

What is life insurance for?

A life insurance policy is an agreement between an insurance company and a person (or legal entity). Every life insurance ...

Do i have any life insurance policies?

Do i have any life insurance policies?

How to find out if an afterlife insurance policy exists · Talk to friends, family and acquaintances · Look up personal...

Does life insurance cover covid-19?

Does life insurance cover covid-19?

Yes, traditional life insurance policies that you purchased before the coronavirus pandemic can cover a death caused by...

What's life insurance for?

What's life insurance for?

The primary purpose of life insurance is to provide a financial benefit to dependants in the event of the premature death ...

Whole life insurance policies over 50?

Whole life insurance policies over 50?

Full life insurance provides guaranteed death protection for as long as you live and earn cash value. A full life...

Whole life insurance policies for adults?

Whole life insurance policies for adults?

You'll get coverage for your entire life. Full life insurance can help protect your spouse in retirement or become a...

Will life insurance cover mortgage?

Will life insurance cover mortgage?

Life insurance, such as term life insurance or full life insurance, can be used to pay a mortgage. Your beneficiary will...