Mike’s Life Insurance Advice

Ok, the dreaded day is fast approaching. Your child is going to graduate from high school. We never want to say goodbye and as parents we wonder if we have taught them everything they need to know in order to succeed in the real world. One question in particular is very important. Are they prepared [...]

No. If someone dies and you receive their life insurance proceeds, the money isn’t taxable and doesn’t have to be reported generally speaking. However, interest you receive would be taxable – you would need to report it the same as any other interest you accrue. However, there are some exceptions to this rule. Before making [...]

No-Exam required is a huge benefit for a lot of people interested in getting life insurance. Its not a totally free ride because it doesn’t help, for example, if you have a terminal disease. You still have to answer a few yes/no health problems, one of which includes having any long-term disease. However, the great [...]

Most people don’t give a whole lot of consideration towards what will happen with their affordable life insurance policy after they have it, but there are some things to keep in mind. After you’ve found a policy that works for you, take a few steps to make sure its protected . You can do this [...]

Conseco is being investigated for A Conseco Inc. (CNO) unit requested a hearing after a Florida state agency threatened to suspend or revoke its license because of allegations of mismanagement and misleading consumers. Conseco Life Insurance Co. said it and the state have agreed to discuss issues related to a group of universal life insurance [...]