Insurers weigh eight factors to judge insurability
The article explains underwriting and risk transfer in life insurance, detailing eight factors used to assess eligibility: age, profession, health and medical history, moral fitness, ability to pay premiums, residence, lifestyle, and life expectancy. It notes companies prefer normal life expectancy and campuses an example of Gary Smith, a chartered life underwriter with Massachusetts Mutual in Syracuse.
MENTIONED IN THIS ARTICLE
Mium
Insurance Company
Gary Smith
Massachusetts Mutual Life Insurance Co
Syracuse
Tax Audit Insurance Worth It or Not
A tax aid piece questions the value of the Tax Reduction Institute’s 249 dollar annual audit protection plan. It notes the plan covers preparation costs but not additional taxes or penalties, and cites IRS audit odds, typical audit costs, and alternative withholding strategies to cut year end tax bills.
MENTIONED IN THIS ARTICLE
Tax Reduction Institute
Internal Revenue Service
IRS
TRI
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