Need New Hampshire Life Insurance Quotes?

Purchasing life insurance in New Hampshire 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 New Hampshire life insurance.

Insolvency coverage is limited to $300,000 in life insurance death benefits but not more than $100,000 in net cash values in the event that your insurance provider is unable to fulfill your policy.

In terms of debt collection regarding assets, only homeowners insurance is exempt up to $5000. There is no provision for the exemption of life insurance proceeds from debt collection.

For resident decedents, an estate tax may be imposed; however, the New Hampshire Legacy and Succession Tax was repealed, for deaths occurring on or after January 1, 2003. No other estate or inheritance taxes are imposed by New Hampshire.

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