ATTORNEY NEWSLETTER Tax Consequences of Surrenders Every year a sizeable percentage of cash value life insurance policies are surrendered by policyholders. Those surrenders may have tax consequences. We represent...
Category: Index Universal Life
California Life Insurance Attorney: Surrenders of Whole and Universal Life Insurance
October 30, 2017
ATTORNEY NEWSLETTER Surrender Charges on Whole and Universal Life Insurance If you are over age 60, live in California, and have surrendered a whole or universal life insurance policy, you may have paid a surrender penalty....
ATTORNEY NEWSLETTER Universal Life Insurance Premiums Increase Dramatically Universal Life Insurance (IUL) Universal life insurance premiums are on the dramatic rise, and it forces individuals to decide whether to keep the...
Are Indexed Universal Life Policies Investments? Life Insurance and Retirement Savings Since they were created in the 1980’s, indexed universal life policies (IULs) have been the wunderkind of the life insurance...
The Problems Associated With Indexed Universal Life Insurance (IUL) Indexed Universal Life Insurance (IUL) As individuals age, their mind often wanders to how they will pay the bills after they retire. An option often...