How Does a Life Insurance Company Determine If Back Taxes Are Owed?

Answer When you receive proceeds from a life insurance company, the company makes no determination regarding back taxes you may owe. Those proceeds are not subject to taxation unless they include interest... Read More »

Top Q&A For: How Does a Life Insurance Company Determine If ...

How can you help your brother who has a bad gambling problem and spent his disability back pay award money owed to his insurance company?

Try to get him into Gambler's Anonymous. He probably also needs an attorney, or possibly may have to file bankruptcy.

How do I check a balance owed on back taxes?

By PhoneCall the Internal Revenue Service (IRS) at 1-800-829-1040 to request the amount of back taxes you owe. A customer service representative can provide you with the tax amount, plus any penal... Read More »

How does the insurance company determine whether a pregnancy is pre-existing or not?

Answer Just like any other condition. It is pre-existing if it was diagnosed prior to applying for the insurance.

How do I Find a Life Insurance Policy Owed in Oregon?

Life insurance policies provide money after a loved one has died so that you can pay funeral costs and debts, or use the money for personal reasons. If you've lost a life insurance policy in Oregon... Read More »