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10 Things You May Not Notice In Your Life Insurance Policy, But Should

KXLY March 11, 2021 4:00 AM Tony Steuer - Forbes Advisor Posted: Updated: March 12, 2021 11:54 AM A life insurance policy can be long and complex, with over-lawyered details in a small font. You may rely on your life insurance agent to steer you toward a good policy and tell you the crucial details. But an agent might not touch on everything you should know. Here are 10 things you may not notice about your life insurance policy but should pay attention to. No. 1: The Free Look Period Life insurance policies include a free look period. It’s required to be at least 10 days, and can extend to 30 days, depending on your state and age. During the free look period, you can cancel the policy for any reason and receive a full refund of any premiums paid. This is an opportunity to review the terms and conditions of the policy to ensure they meet your expectations.

Is Life Insurance Taxable? - Channel3000.com

Channel3000.com Posted: Updated: February 19, 2021 12:21 AM One of the primary upsides to life insurance is that the payout is made to your beneficiaries tax-free. Since life insurance death benefits can be in the millions of dollars, it’s a significant advantage to buying (and receiving) life insurance. But there are other aspects to life insurance that won’t get past the tax man. Here’s a look at when to prepare for a tax bill. You Withdraw Money from Cash Value If you have a cash value life insurance policy, you can generally access the money through a withdrawal or loan, or by surrendering the policy and ending it.

Is Life Insurance Taxable?

Local Economy Scheme aims to save jobs among SMEs

Local Economy Scheme aims to save jobs among SMEs published : 26 Jan 2021 at 04:00 The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) is joining state efforts to retain 28,800 jobs in SMEs through a new 9.5-billion-baht soft loan programme initiated by the Industry Ministry. The money, to be granted under the ministry s Local Economy Loan scheme, is expected to help 5,760 businesses struggling with liquidity. Industry Minister Suriya Jungrungreangkit said prospective borrowers can start submitting loan requests to SME D Bank from this month until December this year. The scheme was approved by the cabinet on Jan 19. Officials want the scheme to help businesses increase their liquidity and cash flow, following the latest struggles resulting from the new round of infections.

FOREIGN LOANS, GRANTS TO FIGHT COVID-19 REACH $13.36B