Franklin life insurance

Penn State Extends Franklin’s Contract - Adds Split-Dollar Life Insurance

Question: How do you celebrate an 11-2 season, a top-10 finish, and a Cotton Bowl victory? Answer: You get a Gatorade bath and a contract extension with a split-dollar life insurance plan. As part of a six year contract extension worth up to $38.2 million, plus bonuses, head coach James Franklin will enter into a split-dollar life insurance agreement with Pennsylvania State University (PSU). PSU released a financial term sheet summarizing the extension. One of the compensation items is “Annual Loan For Life Insurance.” It lists six annual loans (premiums) of $1 million. It’s a classic split-dollar plan.* PSU continues a trend following such big-name football programs as Louisiana State...

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Rio Rancho, NM Insurance Agents, Franklin Insurance Agency, New Mexico

Rio Rancho, NM Insurance Agents • Franklin Insurance Agency Welcome to Franklin Insurance Agency As a resident of New Mexico, you’re faced with numerous risks. From unexpected ill-health, car/motorcycle/watercraft accidents, and theft to fire, some of these risks can be life-threatening and may result in significant property damage and losses. Few people would manage to stand the financial demands resulting from property damages and third-party liabilities. As such, you need a reputable agency like Franklin Insurance Agency for policies that’ll help you recover the losses. Insurance Policies You Can Trust We can help you with a wide array of insurance policies, so you don’t have to hop from...

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Life Health Insurance Insurance Agency, Franklin, IN, Leugers Insurance Group

Safeguard Yourself and Your Family Leugers Insurance in Franklin, IN offers a complete line of life insurance products. Our philosophy is to fully understand your objectives. By doing so, we can translate your goals into solutions that provide you and your family with peace of mind. For your benefit, we work with several top-rated insurance vendors. We also place your account with a company that will provide you with the benefits and coverage you want. Our Life Insurance Products Include: This insurance helps families cope with the loss of a loved one by guaranteeing that all of the funeral and burial expenses will be paid for. A final expense insurance is the perfect alternative to a...

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AMERICAN GENERAL LIFE INSURANCE COMPANY

THE AMERICAN FRANKLIN LIFE INSURANCE COMPANY FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE POLICY SUPPLEMENT DATED OCTOBER 1, 2002 AS SUPPLEMENTED AUGUST 30, 2001 AND AS SUPPLEMENTED MAY 23, 2002 The American Franklin Life Insurance Company ("American Franklin") is amending the prospectus for the purpose of: i) reflecting a name change of the principal underwriter and distributor; ii) changing the broker-dealer of record to American General Securities Incorporated ("AGSI"); and iii) changing the investment options available under the policies. First, effective October 1, 2002, Franklin Financial Services Corporation ("Franklin Financial") has changed its name to American General Equity Services...

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Franklin, Virginia Insurance Agents - Nationwide

Find a Nationwide Insurance Agent in Franklin, Virginia Nationwide Auto Insurance Safe neighborhoods and good schools are among the things that residents love about living in Franklin, but a reasonable cost of living is just as important for many local households. And finding affordable auto insurance is part of the equation. Nationwide's online tool can show you these price points based on your insurance coverage needs. An affordable policy doesn't have to be bare-bones, minimum coverage auto insurance. One of our Franklin auto insurance agents can help you identify the biggest priorities for your policy as well as available discounts. No matter how you choose to shop for coverage, you'll...

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Is Your Insurance Tax-Deductible?

Benjamin Franklin once said that, “Nothing is certain but death and taxes”. If you earn a fixed salary, you may be interested in how much flexibility, if any, can be applied to the amount of tax you pay SARS, with regards to your insurance. The Tax Implications Of Life Insurance Finance Minister Pravin Gordhan’s National Budget speech in February is rumoured to include increases in the Government’s largest source of income: personal income tax. It’s no surprise then, that you’ve found yourself here, looking for ways to pay less tax through any means. Even your insurance. Medical Aid Health insurance (which is not the same as medical aid) and gap cover is not tax-deductible. Medical aid...

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Jackson National Life Insurance Offices - Franklin - Office Snapshots

Gresham Smith have designed a professional and sustainable regional headquarters for Jackson National Life Insurance located in Franklin, Tennessee. Originally established in 1961, Jackson National Life Insurance is now one of America’s largest insurance companies. When they decided to expand nationally with a new regional headquarters, they had a detailed vision of a sleek, modern, and friendly corporate environment for an energetic young workforce. At the same time, the Michigan-based company wanted to provide a formal but warm and approachable space for their executive team. Based on current and forecasted growth, Jackson National chose a brand-new, five-floor, 150,000-square-foot LEED...

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A Primer on Irrevocable Life Insurance Trusts, Franklin Wealth Management, LLC

A Primer on Irrevocable Life Insurance Trusts "I’m proud to pay taxes in the United States; the only thing is, I could be just as proud for half the money." Entertainer Arthur Godfrey The irrevocable life insurance trust (ILIT) can be an important estate strategy tool that may accomplish a number of estate objectives; however, it may not be appropriate for every individual. What Is an ILIT? An ILIT is created by an individual (the grantor) during his or her lifetime. The ILIT owns a life insurance policy on the grantor’s life via the transfer of ownership of an existing policy, or through the grantor’s annual contribution of cash to pay the premiums on a policy purchased...

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Franklin Life Is Subject of Takeover Talks : Insurance: American General is in serious discussions with American Brands for estimated $1.2-billion deal. - Los Angeles Times

Franklin Life Is Subject of Takeover Talks: Insurance: American General is in ‘serious discussions’ with American Brands for estimated $1.2-billion deal. American Brands Inc. is negotiating to sell its life insurance unit to American General Corp., a Houston-based insurer. The company said Tuesday that it is in “serious discussions” with American General over the possible sale of Franklin Life Insurance Co. The Wall Street Journal, citing unnamed sources familiar with the negotiations, reported Tuesday that the estimated $1.2-billion deal would involve a combination of long-term debt and preferred shares. Spokesmen for both companies declined further comment on the talks. Analysts said...

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Life Insurance History, Where Was Life Insurance Born?, Quotacy

Life Insurance History from Rome to Newark Life insurance was born in ancient Rome when a Roman military leader named Caius Marius created burial clubs for his troops. If one of the troops died, the remaining club members would all pitch in and pay the funeral expenses ensuring a proper burial. Romans believed that an improperly buried person would be an unhappy ghost in the after life. These clubs were heavily adopted by government and military members, and these burial clubs evolved, they provided funds to the deceased survivors as well. Let’s discuss life insurance history. Edward Lloyd’s London Coffee House Jump forward to London in 1688, where ship captains, owners, and...

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