Personal Life Insurance Serving Wilmington and Rehoboth Beach, DE – Delmarva Region Protect your loved ones and safeguard the future with a personal life insurance policy today! Williams Insurance Agency, Inc. has safeguarded the interests of individuals and families in Wilmington, Rehoboth Beach, and the Delmarva Region for more than 70 years. Our dedicated agents continue to offer the protection you need with a full lineup of quality personal life insurance products. We are here to help safeguard your family today and well into the future. Call now for a free quote – it only takes a few minutes to get started! Williams Insurance Agency, Inc. – Wilmington Office Williams Insurance...
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At first glance, a life insurance policy would seem simple: If your death occurs while you have a policy in place, the person you name as the beneficiary receives the death benefit. What isn’t so simple, however, is what happens to outdated policies and policies that list a beneficiary who is also both you and your beneficiary die in an auto accident, for example, what would happen to all of the money? What would happen if you are still alive, but your beneficiary has passed on? If Your Life Insurance Beneficiary Dies Before You Do If you have named a person as your beneficiary for your life insurance policy who happens to pass on before you do, it is crucial that you update your policy and...
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Make Summit the Beneficiary of Your Life Insurance Policy If you have a life insurance policy and you no longer need to support your spouse or family, you can name Summit as the beneficiary of the policy, meaning that Summit will receive the policy’s death benefit when you die. While there are no current tax benefits to this approach, the value of the policy will be removed from your estate for federal estate tax purposes. Make Summit the owner and beneficiary of an existing policy Instead of simply naming Summit as beneficiary of an existing life insurance policy, you transfer full ownership of the policy to Summit. The school receives the policy’s death benefit when you die....
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Guide to Naming Beneficiaries Do you have a question about the beneficiary process at Woman’s Life? Listed below are answers to the most frequently asked beneficiary related questions. If your question is not answered on this page, please contact us for assistance. What is a beneficiary? One of the most critical aspects of a life insurance or annuity policy is the designation of the beneficiary, since this is the process by which the policy owner designates the person or persons who are to receive the death benefit. The Society will pay the death benefit of your policies to the beneficiaries you designate. However, if the designated beneficiaries predecease you, the benefits may not...
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Many people invest in insurance policy. There are many advantages in this. Life Insurance Corporation of India is the most popular in the field of insurance. The reason for this is that it is a government company. By the way, now private companies have also brought many types of insurance policies in the country. There is also a term insurance policy. Learn about it. term insurance plans that are becoming popular are now becoming very popular. Till a few years ago, financial advisors did not suggest to invest in it, but now the former is no longer the case. Now many insurance companies have launched term insurance plans with better prices and benefits. Most companies use term insurance...
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Losing a loved one is an incredibly difficult experience. During the grieving process, the last thing anyone wants to worry about is paying for a funeral. Traditional burials can cost thousands of dollars, and that can take a serious financial toll on your family members after you pass away. To ease the financial burden, many people choose to purchase final expense insurance. While it might seem ominous to plan for your future funeral, it means that your loved ones won’t have to worry about the cost in the midst of loss. Keep reading to learn what final expense insurance is, who needs it and where you can buy it. What is final expense insurance? Final expense insurance is a type of...
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Concerned you can't get life insurance because you have diabetes or are overweight? You don't have to be worried about whether or not you can protect your family. These medical conditions don't have to prevent you from finding effective coverage. Life insurance for diabetics does exist. Though health may be a factor in some policy details, the bottom line is you can get life insurance even if you've been diagnosed with diabetes. Why would diabetes affect life insurance? People with chronic illnesses, like diabetes, are often concerned that their disease will stop them from getting life insurance. Why? Because these health issues can increase risk for the provider. And while that's true, it...
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