Is corporate owned life insurance taxable?
Is corporate owned life insurance taxable?A: Yes. Internal Revenue Code Section 101(j) provides that death proceeds paid on an “employer-owned...
BUSINESS
Is CMS a private insurance?
Is CMS a private insurance?The Centers for Medicare & Medicaid Services is a federal agency that administers the nation's major...
What is excluded under the business auto physical damage coverage?
What is excluded under the business auto physical damage coverage?Damage from operation of mobile equipment or from “completed operations” is...
What are the 3 main types of insurance?
What are the 3 main types of insurance?Insurance in India can be broadly divided into three categories: Life insurance. As...
What are the 5 main types of insurance?
What are the 5 main types of insurance?Home or property insurance, life insurance, disability insurance, health insurance, and automobile insurance...
What are the 4 types of business insurance?
What are the 4 types of business insurance?Types of Business Insurance General liability insurance. Commercial property insurance. Business income insurance....
Which of the following is automatically covered under the business owners policy?
Which of the following is automatically covered under the business owners policy?Business income is automatically included in the businessowners policy....
What is the definition of business personal property?
What is the definition of business personal property?Business personal property ( BPP ) refers to movable items owned by your...
Why would a business pay premiums to an insurance company?
Why would a business pay premiums to an insurance company?By paying your premium for insurance policies, such as general liability...
What does fleet mean in insurance?
What does fleet mean in insurance?fleet insurance in Insurance Fleet insurance insures a group of vehicles, ships, or aircraft together...
