A life insurance license permits you to sell annuities, term, and cash value (commonly called whole or universal) life insurance. A life and health insurance license enables you to sell these life insurance products, plus policies that provide protection for medical expenses, loss of income due ...
Find out the best strategies to attract and retain clients for your life insurance business in the competitive finance industry. Learn how to maximize your client base and build long-term relationships.
licensing exam, you can apply for your life insurance agent license. This typically involves submitting an application, providing documentation, and paying any required fees. Be sure to carefully follow the instructions provided by the licensing authority to avoid any delays in obtaining your license....
If you plan to drive a car while living in Thailand, it’s a great idea to apply for a Thai driving license. This is the only way to ensure that you can drive legally in the country and be fully covered by a car insurance policy. It’s also very easy to obtain. You can get a...
Insurance brokers, also known as insurance sales agents, must get licensed in the states where they work. A specific license is required to sell life and health insurance, separate from property and casualty insurance. Each state determines its own requi
If you retire before age 65, you’ll need to find how to get medical insurance until you are eligible for Medicare. You might qualify through a previous employer, professional group or your spouse’s health insurance plan (if they are still working). You can look at getting coverage through...
How to pay for life insurance with your cash value If you havepermanent life insurance, you might be able to pay premiums with your policy’scash value. The cash value of a life insurance policy usually takes at least five to 10 years to gain significant interest, but after that period, ...
But what you earn will be subject to capital gains taxes. Plus, the value of these investments can reduce financial aid eligibility for your child. 7. Take Out a Permanent Life Insurance Policy This is a strategy typically used by high-net-worth families to provide tax-advantaged savin...
Life insurance acts as a financial safety net for your family. If you die while it’s active, your insurance company pays a sum of money to the people you’ve named in your policy (your beneficiaries). This money, known as the death benefit, can help your beneficiaries replace your lost...
throughout your life. However, you have to ensure your policy stays properly funded or it can lapse. With these policies, the cash value grows based on market interest rates. The return can go up and down each year, in contrast to the fixed rate on whole life insurance.2 ...