Child Life Insurance

	Child Life Insurance Child life insurance is a form of permanent life insurance that insures the life of a minor. It is usually purchased to protect a family against the sudden and unexpected costs of a child's funeral or burial and to secure inexpensive and guaranteed insurance for the lifetime of the child. It offers guaranteed growth of cash value, which some carriers allow to be withdrawn (collapsing the policy) when the child is in their early twenties. Child life insurance policies typically offer the owner the option to purchase, or in some cases obtain additional guaranteed insurance when the child reaches maturity. Child life insurance policies typically: Are issued with face values between $5,000 and $50,000. Are always issued without a required medical examination. Have zero investment and zero interest rate risk associated with cash value growth. Provide insurance coverage for a designated beneficiary. Child life insurance should not be confused with juvenile life insurance, which is is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Life Insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent to transfer of goods, services, money, or promise to transfer any of thos ... between an insurance policy holder and an insurance , insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Juvenile Life Insurance Juvenile life insurance is permanent life insurance that insures the life of a child (generally under age 18). It is a financial planning tool that provides a tax advantaged savings vehicle with potential for a lifetime of benefits. Juvenile life insurance, or child life insurance, is usually purchased to protect a family against the sudden and unexpected costs of a funeral and burial with much lower face values. Should the juvenile survive to their college years it can then take on the form of a financial planning tool. History Life insurance policies for children became popular in the 19th century to pay funeral and burial costs during a time of high infant mortality. Initially controversial, life insurance for children eventually gained broad acceptance. Unlike traditional life insurance, burial insurance policies were marketed typically to the poorer classes. Mutual aid societies sponsored burial insurance policies for immigrants and religiously affiliated groups. Such group ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
picture info	Estate Planning Estate planning is the process of anticipating and arranging for the management and disposal of a person's Estate (law), estate during the person's life in preparation for future incapacity or death. The planning includes the bequest of assets to heirs, loved ones, and/or Charity (practice), charity, and may include legal tax avoidance. Estate planning includes planning for incapacity, reducing or eliminating uncertainties over the administration of a probate, and maximizing the value of the estate by reducing taxes and other expenses. The ultimate goal of estate planning can only be determined by the specific goals of the estate owner, and may be as simple or complex as the owner's wishes and needs directs. Guardians are often designated for minor children and beneficiaries with Capacity (law), incapacity. Taxation Tax avoidance, Avoidance of income tax, gift tax, capital gains tax, inheritance tax, and generation-skipping transfer tax plays a significant role in choosing the str ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Friendly Societies Act 1875 The Friendly Societies Act 1875 ( 38 & 39 Vict. c. 60) was an act of the Parliament of the United Kingdom passed by Benjamin Disraeli's Conservative government following the publication of the Royal Commission on Friendly Societies' Final Report to consolidate and amend enactments relating to friendly societies. It was one of the Friendly Societies Acts 1875 to 1895. The act encouraged friendly societies to register with the Registrar of Friendly Societies by granting them the legal right to own land and property in the name of their trustees and the power to take out legal proceedings, in return for registration. Registered societies were subject to regulation: for example they were required to submit returns to the Registrar every five years which gave details of their financial affairs and in-force business which could be used by the Registrar to evaluate their assets against their liabilities under life assurance, annuity and sickness business. Friendly societies paid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	38 & 39 Vict 38 may refer to: 38 (number) 38 BC AD 38 1938 2038 Science Strontium, an alkaline earth metal in the periodic table * 38 Leda, an asteroid in the asteroid belt Other uses .38, a caliber of firearms and cartridges .38 Special, a revolver cartridge ''Thirty-Eight: The Hurricane That Transformed New England'', a 2016 book by Stephen Long "Thirty Eight", a song by Karma to Burn from the album ''Almost Heathen'', 2001 {{Numberdis ... [...More Info...] [...Related Items...] OR:* [Wikipedia] [Google] [Baidu]
	Athelstan Braxton Hicks Athelstan Braxton Hicks (19 June 1854 – 17 May 1902) was a coroner in London and Surrey for two decades at the end of the 19th century. He was given the nickname "The Children's Coroner" for his conscientiousness in investigating the suspicious deaths of children, and especially baby farming and the dangers of child life insurance. He would later publish a study on infanticide. Career Hicks was a barrister at law who entered the Middle Temple in 1872 and was called to the bar in 1875. He was a special pleader on the Western Circuit and at the Middlesex Sessions. He was for some time a student at Guy's Hospital, where he gained considerable knowledge of medical jurisprudence. He was Deputy Coroner of the City of London and Borough of Southwark, the City of Westminster and the West London District. He was appointed Coroner in 1885 for the South-Western District of London and the Kingston Division of Surrey. For a time he served on the Joint Committee of the British Medical As ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]
	Deptford Poisoning Cases Between 1886 and 1889, five suspicious deaths occurred in Deptford, United Kingdom. Amelia Winters was suspected of murder after it was discovered that she had insured the lives of twenty-two people, which allowed her to receive payments for five deaths. As part of the inquiry, three bodies were exhumed, with post-mortem findings non-definitively pointing to poisoning. Most of the alleged victims were Winters' relatives by blood or affinity who had moved into or temporarily stayed in Winter's household. Winters died before going to trial. Her daughter, Elizabeth Frost, was suspected of complicity and was indicted, but the murder charges were dropped. However, she was convicted of forgery for falsifying insurance documents and sentenced to seven years of penal servitude. Events The victims in the murder cases were Sidney Bolton, aged 11, the son of a niece living with Winters; William Sutton, the elderly father of another relative; and Elizabeth Frost, the mother-in-law of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu]