Yes
Cincinnati Financial offers services such as Life Insurance, Annuities, Disability Income and Valuable Articles for individuals and families. It also offers Life Insurance for Businesses.
Not specifically for a long term disability, but you can collect if you have a terminal illness.
As a general rule, life insurance policies in the US are not taxable. However it is taxable if it is combined with a non-refund life annuity.
An employer's contribution to a group insurance plan is deductible as a business expense. This benefit is not taxable to the employee. An employee may not deduct a portion of the premium he cost shares with his/her employer. Typically a group benefit plan includes drug and dental coverage, lfe and long term disability . Where there may be cost sharing of the premium, an employer's contribution shoud always be to the health and dental portion. If any part of the premium for the long term disability is paid for by the employer, should the employee become disabled, then that benefit (usually up to 67% of the pre-disability earnings) would be taxable in the hands of the employee.
No but what you do with the money may be taxable.
Massmutual Financial offer the following products: Annuities, college savings plan, disability income insurance, individual retirement account, investments, life insurance.
There are a number of places one can find more information on disability mortgage insurance. Some companies include State Farm, Scotiabank and Sun Life Financial.
In the US, the money is not taxable if the beneficiary is an adult.
no
no
Life insurance proceeds paid to a beneficiary is not taxable. However, if the life insurance beneficiary is a trust or estate, there may be some tax implications.
A life estate does not have an affect on someone's disability. It may certainly affect their ability to collect disability payments.