Need Oregon Life Insurance Quotes?

Purchasing life insurance in Oregon 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 Oregon life insurance.

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

In terms of debt collection, life insurance proceeds are exempt, if the insured is not the beneficiary. Group life insurance proceeds or policies are exempt, if not payable to the insured.

Oregon inheritance taxes are determined under the Internal Revenue Code in effect December 31, 2000.

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