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Arrangement whereby a party providing financing gets a portion of the ownership. ...
Health insurance coverage for miscellaneous medical expenses associated with a hospital stay. Benefits provided in individual and group health insurance include ambulance service to and from a hospital, drugs, blood, surgical dressings, operating room, medicines, bandages, X-rays, diagnostic tests, ...
Termination of a plan. Under federal tax law, a plan can only be terminated for reasons of business necessity. Otherwise, prior employer tax deductible contributions under the plan are disallowed. ...
One who purchases insurance, usually property and liability and not life or annuities, by utilizing his or her own employee purchaser or licensed broker/agent at a minimum annual premium of not less than six digits. ...
Clause in a life insurance policy that states that once the cash value exceeds the net single premium (based on current interest and mortality rates) required for the policy to become paid-up insurance, the policy owner may elect not to make further premium payments. If the cash value falls below th ...
Best Small Towns To Live In, North Carolina Edition
There’s a lot to be said for living in a small town. While they may not have the glitz and glamour of metropolitan megacities, small towns have a lot of perks that may not be immediately apparent but are very attractive none theless. While there’s plenty to be said for living in a big city, (some prefer it) it isn’t for everyone. If you’re ...
This is it. For the past weeks or months, every day has been at least partially spent thinking of, preparing for or planning this fateful day. You’ve laboured long and hard to make sure it comes without incident, and now all your hard work is finally going to pay off. What is this day, you ask? It’s closing day, baby. Now, there’s still a lot ...
So, you’re thinking of making the city of Clermont your new home. We get it; there are a lot of reasons why you might want to live here! With its beautiful weather, long list of attractions, gorgeous surroundings and exceptionally healthy job market, you’d be forgiven for thinking it’s about as close to being heaven on earth as we can get! But this ...
Buying A Home In High Point NC
Homeownership is a big step forward from living as a tenant and moving from one place to another. At some point, we all get tired of renting, and we decide it is time to become our own boss and find a stable place we can call home. Buying your first home is a great achievement, but the process does have its difficulties. A home purchase is strongly connected with the ...
Best Tips For First Time Home Buyers
Are you interested in entering the world of homeownership? If you are a first home buyer, options for what you can buy right now might be somewhat limited. In major cities, prices are still rising, and many people are anxious to get into the market quickly. However, it is better not to rush in, as there are a few things that you will need to do before making that ...