The split-dollar life insurance benefit seems easy to understand on the surface but it requires some digging into the legal and tax considerations A split dollar arrangement is a plan in which a life insurance policy‘s premium, cash values, and death benefit are split between two parties. As explained by Morgan, Jr., James (attorney), “an… [Read More]
The “IPro Corner” Blog
Everything Insurance and Life Decisions that Matter!
On this blog we cover not only matters relevant to our insurance products but we also emphasize the importance of life coverage, financial security, and future planning for our families.
Learn why building multi-generational is so important The benefits of using life insurance as a tool to create multi-generational wealth—while ensuring your loved ones can move forward financially after your passing—can be priceless. Here are some of the most common methods: The proceeds from your life insurance are typically tax-free. Your policy can ensure your… [Read More]
Top Life Insurance Myths (Based on FAQs on Life Insurance) The decision for families to buy life insurance is often met with hesitation and confusion, or even denial for it’s not an easy subject to think about what would happen if you were to pass away. When it comes to protecting your loved ones with… [Read More]
Grateful to the great team at Insurance Pro for this award! Jennifer Lebron Jamillah Jenkins Nelly Torres Adlyn Milena Lugo And all the agents who represent Medicare, Individual Insurance and Life Insurance products. This award is the fruit of many years of sacrifice and dedication! Thank you team, blessed! Juan Carlos “JC” Doitteau President firstname.lastname@example.org… [Read More]
When we think about Valentine’s Day presents for our loved ones, we may think about chocolates, flowers, and romantic dinners. We probably don’t think about it, it’s Life Insurance, however there are several reasons why a life insurance policy can be one of the most important gifts that you can give to your loved ones… [Read More]
Getting life insurance for your family is an expression of love that goes beyond words Life insurance conversations are often difficult to start but very necessary to have within the family. Whether you need to talk to a parent or spouse, it’s important to find the time and space to have a candid conversation about… [Read More]
In 2021, 52 percent of Americans owned life insurance According to sources, in 2018, approximately 27.8 million life insurance policies were purchased in the United States. The average American has $178,150 in life cover. The most common age group for people to buy insurance is between 35 and 45. Recent LIMRA research shows that 36%… [Read More]
Did you already apply for 2022 coverage? Starting in 2022, enrollment throughout the year will be allowed for people with income up to 150% of the federal poverty level (or FPL, which is $19,320 per year for a single person in 2022, $32,940 for family of 3). Open Enrollment for 2022 runs from Monday, November… [Read More]
Vision care coverage is not mandated for adults by the ACA. If a health plan includes dental, the premium covers both health and dental coverage. Having said that, in most states, stand-alone vision plans are not offered through the exchanges, and even if they are, you can’t use your premium subsidy to offset their cost…. [Read More]