Term Rider vs. Term Conversion

Life insurance companies offer a variety of riders or policy add-ons to customize your insurance coverage. Some come at no additional cost and are built into the policy, while others have an additional cost. Term Rider and Term Conversion often…

Are Disability Insurance Benefits Taxable?

If you have a disability insurance policy, become disabled and can’t work, you’ll be grateful you have disability insurance to replace a portion of your paycheck. An important thing to consider is “Are my disability benefits I receive taxable?”

Accidental Death and Dismemberment Life Insurance

  Life insurance companies offer a variety of riders or simply policy add-ons to customize your insurance coverage. Some riders come at no additional cost and are built into the policy, while others have an additional cost. AD&D Accidental Death…

Disability Insurance Future Increase Option

  Disability insurance is protection for your paycheck. There are many riders (policy add-ons) available to customize your coverage. The future increase option (FIO) is a popular rider of a long-term disability insurance policy. It’s also known as future purchase…

Long-Term Care Insurance Business Tax Advantages

If you’re a business owner, there are valuable tax deductions and advantages associated with long-term care insurance for you and your spouse. Self-Employed Business Owners Premiums for tax-qualified long-term care insurance are deductible as well as other individual medical expenses.…

Terminal Illness Accelerated Death Benefit

Most life insurance policies have a provision called the accelerated death benefit (ADB) for terminal illness. This rider allows you to receive a portion of your life insurance death benefit to use while you’re still living, if you have a…

What Are Residual Disability Benefits?

Residual Disability Benefits are paid to you when you are considered partially disabled. How Do I Qualify for Residual Disability Benefits? There are 3 factors: Loss of Income – When you lose at least 15-20% of your income as a…

Call Email Claims Payments