Reliable Insurance Managers, Inc. Blog: deduct
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Tuesday, February 28, 2012Long-term care insurance is a tough sell these days because many Americans find it difficult to commit to years of premium payments toward something they may never need.
However, the looming tidal wave of 70 million retiring baby boomers has prompted federal and state governments to sweeten t... READ MORE >>
Thursday, January 26, 2012Long-term care insurance is subsidized, in effect, by Uncle Sam. "For many people, a large part of their premium cost is deductible on their federal tax return," says Denise Gott, National Sales Manager and Chairman of the Board of LTC Financial Partners, LLC (LTCFP). READ MORE >>
Monday, January 16, 2012Though its demise drew little attention because of the partisan year-end brawl over the payroll tax cut extension in Congress, a key mortgage financing benefit disappeared at the end of December: the ability of large numbers of home buyers and owners to write off the premiums they pay for mortgage insurance. READ MORE >>
Monday, December 5, 2011A new insurance commissioner has allowed State Farm to charge higher rates and deductibles in Texas. State Farm Insurance on Dec. 1 was authorized to switch many of its 1.2 million homeowner policies to a higher deductible. The Dallas Morning News reports Commissioner Elanor Kitzman, who took office in August, found no reason to reject the increases. READ MORE >>
Tuesday, September 13, 2011 State Farm is proposing changes to home insurance deductibles that consumer advocates warn would reduce the amount consumers could collect on claims. As part of a notice to Texas insurance regulators that it plans to increase homeowner rates an average 9. READ MORE >>