Critical illness insurance fills needs and wants of many clients

Article Abstract:

The author discusses the potential value for many estate planning clients of critical illness insurance coverage.

Usage, Insurance, Catastrophic illness

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President's final budget seeks $13 billion in new taxes from the life insurance industry

Article Abstract:

The author discusses specifics of President Bill Clinton's budget proposal to increase taxes through changes in tax provisions which would fall primarily on the life insurance industry.

Tax Law, Public Finance Activities, Planning, Taxation, Insurance industry, Life insurance industry, Tax reform

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Update on long-term care insurance and checklist for this wealth protection tool

Article Abstract:

Long-term care insurance is a valuable wealth-protection tool that has become more well established and flexible since the early 1980s. Plans now offer a greater range of elimination periods and inflation protection features, making long-term care insurance more customizable. Trigger points for eligibility have also become better defined, as has the list defining activities of daily living. A checklist of things to consider while shopping for a long-term care policy is included

Laws, regulations and rules, Long-term care insurance, Long term care insurance

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