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A professional who can resolve concerns about someone's health care experience, particularly problems that cannot be taken care of immediately. • Personal care services (PCS).What is an insurance bond?
The insurance bond is an investment instrument offered by life insurance companies in the form of a whole life or term life insurance policy. Insurance bonds best suit investors who use them for estate planning or who are interested in investing for the long term. Also, insurance bonds have some tax advantages.What happens to insurance bonds when you die?
Holders of the insurance bond receive a regular dividend or bonus payment. Also, bonds may pay out a portion of the fund if cashed in early. Alternately, bonds may pay out on the death of the insured person, who may or may not be the purchaser of the insurance bond.What are the tax advantages of insurance bonds?
Also, insurance bonds have some tax advantages. Typically offered in the UK and Australia, an insurance bond is a whole or term life insurance policy in which remitted money is invested in funds. Insurance bonds are often attractive to investors whose goals are estate planning or long-term investing.