This cover will pay out if death occurs and provides an income per year for the term remaining on the policy. For example, for a 20-year term, where the claim occurred after five years, there would be 15 annual payments made in total. Payments can paid out either monthly or annually.
The payments are not normally subject to income tax but may impact some state benefits.
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Wealth, just like your health, must be carefully preserved. Your assets need to be protected against the potential threats of erosion by taxation...
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When you retire you still need food and shelter as an absolute minimum, but of course you will want to maintain the lifestyle to which you have...
Savings & Investments
When someone talks about savings and saving money, it could be referring to a piggy bank or a high interest deposit account.
