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  2. LLQP - Wikipedia

    en.wikipedia.org/wiki/LLQP

    LLQP. LLQP ( Life Licence Qualification Program) is part of the Canadian licensing regime for life insurance sales people. Before an advisor in the financial services sector is allowed to begin selling life insurance products, they must complete and pass LLQP, and earn a certificate of completion. Once the certification exam is completed, and ...

  3. Assurity Life Insurance Company - Wikipedia

    en.wikipedia.org/wiki/Assurity_Life_Insurance...

    Security Financial Life began in 1895 using the name Security Mutual Life. Lincoln Direct Life began in 1896 using the name The Royal Highlanders. Independent rating and financial information. A.M. Best Company rated Assurity Life Insurance Company as A− (excellent). As of Dec. 31, 2021, Assurity had more than $2.66 billion in assets under ...

  4. Internal Revenue Code section 79 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    Section 79 plans are non-qualified as defined by the Internal Revenue Code, but still offer a tax deduction for sponsoring employers. [citation needed] An employee must include in gross income for Federal income tax purposes an amount equal to the cost of group-term life insurance coverage on the employee's life to the extent that the cost of ...

  5. How to buy life insurance without a medical exam - AOL

    www.aol.com/finance/buy-life-insurance-without...

    Ladder: Ladder offers term life insurance policies without requiring a medical exam for coverage amounts up to $3 million. Applications for coverage under this amount can often be approved within ...

  6. Private placement life insurance - Wikipedia

    en.wikipedia.org/wiki/Private_placement_life...

    Private placement life insurance is a form of cash value universal life insurance that is offered privately, rather than through a public offering. [1] It is typically only available to wealthy clients. A 2024 US Senate report alleged that the insurance mechanism in practice functions as a tool for tax avoidance, specifically for inheritance ...

  7. Universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Universal_life_insurance

    Universal life insurance. Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States. Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest. The ...

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