Need North Carolina Life Insurance Quotes?

Purchasing life insurance in North Carolina 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 North Carolina life insurance.

Insolvency coverage is limited to $300,000 for all life insurance benefits, including cash values in the event that your insurance provider is unable to fulfill your policy.

In terms of debt collection, group life insurance annuities are exempt.

For estates of decedents dying before July 1, 2005, the North Carolina estate tax is equal to the state death tax credit for federal purposes before applying the percentage reduction for the federal credit. No additional estate tax is imposed.

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