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  2. What happens to your bank account after you die? - AOL

    www.aol.com/finance/what-happens-to-bank-account...

    The FDIC insures the full joint amount of $500,000 for a six-month grace period after the death of a joint account holder. After the grace period, the amount insured drops down to the sole owner ...

  3. What does life insurance cover? - AOL

    www.aol.com/finance/does-life-insurance-cover...

    Life insurance may be used to cover monthly expenses, debts, college education and child or dependent care. Long-term needs life insurance can cover end-of-life expenses, estate planning, legacy ...

  4. Erie Insurance Group - Wikipedia

    en.wikipedia.org/wiki/Erie_Insurance_Group

    Erie Insurance Group, based in Erie, Pennsylvania, is a property and casualty insurance company offering auto, home, business and life insurance through a network of independent insurance agents. As of 2021 [update] , Erie Insurance Group is ranked 347th on the 2021 Fortune 500 list of largest American corporations, based on total revenue for ...

  5. What are life insurance exclusions? - AOL

    www.aol.com/finance/life-insurance-exclusions...

    Common life insurance policy exclusions. A life insurance exclusion is a situation or circumstance that prevents your beneficiaries from receiving your death benefit. Essentially, it means that ...

  6. Estate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Estate_tax_in_the_United...

    The estate tax is part of the federal unified gift and estate tax in the United States. The other part of the system, the gift tax, applies to transfers of property during a person's life. In addition to the federal government, 12 states tax the estate of the deceased. Six states have "inheritance taxes" levied on the person who receives money ...

  7. Endowment policy - Wikipedia

    en.wikipedia.org/wiki/Endowment_policy

    Endowment policy. An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. Typical maturities are ten, fifteen or twenty years up to a certain age limit. Some policies also pay out in the case of critical illness. Policies are typically traditional with-profits or unit ...

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