Federal lawmakers’ big year-end spending package includes a little-noticed revision of the tax code that is likely to boost sales of life insurance, particularly for wealthy Americans. The law lowers a minimum interest rate used to determine whether combination savings and death-benefit policies known as permanent life insurance are too much like investments to qualify… Continue reading A Small Tax Change Is a Boon for Permanent Life Insurance
Tag: whole life insurance
Who Is the Fastest Growing Group in Life Insurance Applications?
Surge in Life Insurance Both January and February saw increases in applications for life insurance in the United States. As the American financial scene has been looking good, it seems that consumers are thinking about the future and feeling prepared to start investing in life coverage. The interesting part of this month’s report is that… Continue reading Who Is the Fastest Growing Group in Life Insurance Applications?