If you want to update a cash-value life insurance policy or annuity, you may have heard of the 1035 exchange. This IRS provision, based on Section 1035(a)(3) of the IRS code, allows you to exchange ...
A reciprocal insurance exchange empowers policyholders to take charge of their coverage. Much like mutual insurance companies, reciprocals are owned by the people they protect — the policyholders. But ...
If an exchange involves life insurance policies, the policies must be on the life of the same insured. Otherwise, the exchange does not qualify as a tax-free exchange under IRC Section 1035(a). 3 ...
A 1035 exchange allows a tax-free exchange of a life insurance policy, annuity contract, long-term care product or endowment for another of a similar structure. This means that any gains or losses ...
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USIX Technologies is a provider of Exchange solutions for the insurance industry in Brazil, specializing in Internet interface solutions for insurance companies and their agents. USIX’s portfolio of ...
The new healthcare law authorizes two types of exchanges for the sale of mandated healthcare policies. A federal exchange managed by the United States government and state exchanges managed by the ...
A growing number of employers across the country are turning to private health insurance exchanges as a means to provide health insurance coverage to their employees. Here are five things to know ...
As the government shutdown reaches one month with no deal in sight to extend pandemic-era health insurance subsidies, state exchanges are rolling out health plans without the tax credits included.
We analyzed policy fees, cash value growth, the reliability of policy illustrations, complaints and more Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff Senior ...