Need Florida Life Insurance Quotes?

Purchasing life insurance in Florida is an important matter and as such, it deserves significant thought and consideration. Several factors may affect your decision regarding the type and amount of life insurance that you choose to purchase. Regulations regarding life insurance vary from one state to the next. Be sure to consider the following facts, when considering the purchase of Florida life insurance.

Insolvency coverage is limited to $100,000 in life insurance death benefits cash values or $300,000 for all benefits, including cash values.

In terms of debt collection regarding assets, a life insurance policy6 cash surrender value is exempt. Death benefits are payable to a specific beneficiary under a life insurance policy, not paid to the deceased's estate. Delaware assesses an estate tax that is equal to the federal estate tax credit. There is no additional estate tax imposed.

Florida assesses an estate tax that is equal to the federal estate tax credit. There is no additional estate tax imposed.

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