Orlean
residents
have received
CA$HBACK checks
thru February 2004
totaling
$1,389,902.88
...and still counting!
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Why
Do I Need It? |
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There are two basic and necessary reasons to buy life insurance.
You owe someone
or You love someone.
You owe
someone |
You love
someone |
Last expenses
(Funeral and probate costs)
Current debts
(Auto loans, credit cards, etc.)
Mortgage or rent
(Tto pay off house note or ensure coverage
of rent payments)
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College education
Income continuation
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Tax Notes: Proceeds from an insurance policy paid because of the
death of the insured are generally excludable from the beneficiary's
gross income for tax purposes. (IRC Sec. 101(a)(1).) Income and growth
on accumulated cash values have been held by the Tax Court to be generally
taxable only upon withdrawal. (IRC Sec. 72.) Consult your tax adivsor
or attorney on your specific situation. |
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American National
Insurance Company, Galveston, TX
American National Property and Casualty Companies, Springfield,
MO
Products
and services not available in all states
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