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Are group term life insurance proceeds taxable to the employer if the policy is on a CEO?

Let's say company A takes a policy of on a CEO. They pay 40,000 in premiums and CEO collects 10,000 in premiums. Upon CEO's death company A collects 1,500,000 and CEO's wife receives 100,000 from life insurance proceeds. What are the tax effects to company A and CEO's wife?

   








Can car insurance companies pull your insurance without notifying you?
Do I need title insurance before i buy?
16 year old male car insurance question?
What is the average cost of homeowners insurance in Miramar Fl?
Insurance price on r32gtr?
Home insurance automatically renewed can I get my money back?
Car insurance please someone help me!?
I am 17 years old, got my driving license 8 month ago, but i don't have insurance on my car! What would happen?
Whats the best car insurance for young drivers?
Fast Car Low Insurance Group?
How can i get free health insurance?
What is a fast car that is in a relativley low insurance group?
What pet insurance and medication do you use for your dog?
What's a good car for a teenager to buy?
What if you files for cover ca. application during open enrollment. but didn't get insurance till Dec. 2014 do you still get tax penalties?
Can you have insurance on a car that isn't yours?
Can i insure a french registered van in the uk?
What is the best whole life insurance company out there?
How much would car insurance for a 16 girl cost?
How much would the car insurance for a Dodge Challenger 392 STR8 be?
Republicants, you do know that the larger the insurance pool the lower the cost?
Car insurance?
How much should a person pay for car insurance in uk?
What are average restaurant expenses per month?
Car Insurance Quote - Looking for afford auto insurance?
Ideas on first car?
Where is there a cheap car insurance place here in Dallas 75248.?
What is the best medical insurance in New York City?
Does a speeding ticket raise your car insurance?
I want to insure my Irish car in the uk?
Is my car worth it?
What is auto insurance?
Is it possible to put down payment on a car & pay the rest monthly a Private Seller? There's no way I can go to the dealership be of credit.?
Is it possible to put down payment on a car & pay the rest monthly a Private Seller? There's no way I can go to the dealership be of credit.?
What is the best health insurance company in Canada?
Does Mexico have quality medical care insurance at affordable rates?
Around how much is Driving Insurance for a 17 year old?
What is mortgage life insurance?..?
Buy a house or save for retirement?
Rear ended by unlincensed driver, insurance refuses to pay?
What's the grace period on Nationwide car insurance?
Can you recommend a great Health Insurance Plan for a small business owner?
Cheap insurance for teens?
Term life insurance or accidental death. do i need both or just one. if one which do i need to get?
From Whom can I purchase health ins over 65 years & not eligible for Medicare?
Average cost of utilities in a 2 bedroom house in southern indiana?
Health insurance?
Can I offer owner financing when I still owe money on my existing mortgage?
What is good insurance for teens?
Is insurance expensive for two cars (one person)?
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How much does insurance cost on a car in the UK at the age of 30?
Me that is at the age of 30 haha!


Driving course make teen insurance cheaper?
In Florida, you get a discount on insurance if you take a driver's ed class, but will taking a private driving course outside of school do the same? Anyone know the average cost for teen coverage?"


Best insurance lead companies?
i am about to shut down my insurance agency and loose everything, does anyone out there know how to get good auto or home insurance leads ?"


How long should the car insurance company take to send my check?
Saturday, July 12th of 2014, I wrecked my car. The mechanics looked at it, and gave us an estimate on how much it will be to fix. I have full coverage on my car-so the mechanics sent the estimate to the insurance company to see if they will fix it or just total it. I heard it should only take 2 days for the insurance company to call back.. but it has been 4 days. I am very anxious to get my life back on track with my car or my new car that I bought with the insurance money. There is about $6,500 in repairs and my car is only worth about $4,000. So I believe that they will total it. What are the next steps before everything is said and done? From my understanding, I cannot get a rental beings the accident was my fault or for some other odd reason. Please help me understand the situation with the insurance company. ALSO: I owe no money on the car."


Mustang GT Insurance? Buy or no buy? HELP?
Hey, I've been driving for almost 2 years now, I have a MG ZR at the moment but want to upgrade it in the next year or two. Been looking at the 1996 Mustang GT, Im from the UK and all these seem to be right hand drive? Is this a big issue when driving in the UK? will this effect my insurance? What sort of insurance rates would i be looking at? Anyone got any other car ideas that are similar to the ford Mustang GT, I have a real fondess for american muscle, a lot of people will probably disagree with me but i think it's because there not vastly seen here in the UK."


What kind of car insurance do u have and how much a month do u pay and what kind of car do u drive?
im sorry after july 22 ill be paying about 160-170 with cost u less right now im paying 209


Best place for car insurance?
I'm 16, and so I plan on starting to learn all the theory before starting driving lessons the day after my 17th birthday - as you can probably tell! Anyway, my mother and I have been discussing little cars and what not for when I pass, but insurance is another problem. Is anybody aware of a good place that will insure a teenager for not too much? I have heard that Admiral's Littlebox is quite good - has anybody any reviews for them? All answers and suggestions greatly appreciated! :-) Thanks"


Cheap car insurance for young adult?
Im 18 years old, live in southern california(L.A), and want to get car insurance for my 4 door, 1992 honda accord. I have no points on my license, but i do have **ACCIDENT** on my driving record. Is there any place that would be ideal for me to get insurance at. Im looking for cost effective places. Also do places still give discounts for students with good grades. Im a full time college student with a 4.0..."


Car insurance for a learner...?
im 17 now and want to start learning to drive. But what i want to do is buy a car, then get insured on it as a learner and have my dad take me out driving to teach me. i want a car like a peugeot 206, renault clio, vauxhall corsa, a ford KA or something small like that. does anybody know how much insurance will be for me as a learner? also im female if that helps!?"


"How much will it cost for liability insurance for property maintenance, residential construction and masonry?"
I have just registered my business. This business specializes in residential property maintenance, residential construction and residential masonry. I would like to know approximately how much I will need to put down for liability insurance that would cover me if anything was to go wrong. I have no employee's and no vehicles to add on. I want to only be covered for liability. Thank you very much and I hope to have a better understanding on this matter soon thanks to you!"


How much does insurance cost for lowes?
My dad is saying that he pays $800 monthly for 4 of us and wants to cancel it, $800 sounds like complete bullsh*t so I need to know if its true."


Why does insurance go up ?
I understand if I have been in an accident that my I may pay more insurance because its in my record. My question is .. if I buy a car that has record of having an accident does that make the insurance higher?


I'm 18 now when i turn 19 next year i'm gonna lose eligibility for my family health insurance?
my family is barely surviving on the lil income that we have i work but its a mininum wage job plus i cant too much money or i'll lose my financial aid for college so i cant afford health insurance since its so expensive i have insurance at college but thats only during school time out side of school time i'm on my own with my health expenses so am i basically screwed? will i have to resort to living my life in a plastic bubble? i have free health insurance right now medicaid


I pay 450$ for car insurance. Ridiculous!?
I am 20 yrs old, have a full license with no accidents or major tickets. How do they expect young people to survive? With gas at crazy prices i pay nearly 800$ a month on gas and car insurance. I drive a Honda Accord and i need the car due to my commitments. Any thoughts?"


"How good would a 1.6 Renault Clio RXE for road tax ,insurance running costs be?"
The one im looking at is a V reg auto 66,000 miles 12 months mot 7 months tax ."


Are group term life insurance proceeds taxable to the employer if the policy is on a CEO?
Let's say company A takes a policy of on a CEO. They pay 40,000 in premiums and CEO collects 10,000 in premiums. Upon CEO's death company A collects 1,500,000 and CEO's wife receives 100,000 from life insurance proceeds. What are the tax effects to company A and CEO's wife?


What is the best Car Insurance company ?
I am a new driver with a sports car 1999 Porsche Boxter and need insurance. PLEASE HELP !!!!!!!


"I need cheap car insurance, I'm in college?"
I'm 19, a college kid and need car insurance. I now it's going to be crazy high, but if anyone has any insight or tips to make it cheaper, it would me much appreciated."


"Can you drive your friend's car, which is insured but you are not in his/her insurance?"
his car is insure but under his name, since he is an old driver his policy is cheap. I am a brand new driver and 17 years old. He didnt add me into his insurance because of the expenses. Am i still covered if i drive his car because his car is insured?"


What is the least amount of car insurance I need to have on a car that doesn't have a loan on it?
I live in Wisconsin and havent had insurance in about four years. I am getting married in six months and my fiance's insurance agent said that I should get insurance now, six months before the wedding, so that once we get married and I get added onto his insurance, I won't raise his insurance since I am considered high risk since I havent had insurance the last six months or more. So, if I get insurance on my won for six months, it will be high risk for those six months, but then six montsh from now, I won't be high risk, which will be good becasue six months from now is when i would get married and added onto his insurance. Now, I am going to get insurance on a car that doesn't have a loan on it, and I am wondering how much insurance I need? What is the least amount of insurance I could get on my car, so that in six months I won't be high risk anymore? P.S. I live in Wisconsin, where it isn't illegal if you don't have insurance on your car."


Does car insurance cost more for old people?
I'm doing a topic in my GCSE's and i have to gather information on weather old people should be allowed to drive... so i would apreciate it if you would comment on that as well. But what i wanted to know was weather car insurance costs more for people over 65 (because thats the age you can retire and get a pension) or for people under 65.


Who has the cheapest car insurance?
Who has the cheapest car insurance?


What is the difference between home insurance and buildings and contents insurance?
hi. I will soon be moving into my first house with my girlfriend and its all new to me. We have been told we need a few insurances. Is there a difference between home insurance and building and contents insurance? or are they both the same thing? will they cover leaks, fire, structural damage, theft, boiler etc The house is in Newcastle UK. I would appreciate any help thank you


Cheap car insurance with 1 conviction and 1 claim?
Cheap car insurance with 1 conviction and 1 claim?


Driving Instructor Insurance?
I crashed my instructors car onto the curb and made a dent in his bumper. He told me the cost is $1200, however I talked to him about his insurance coverage, and he said that the driving instructor's coverage starts only when it is over $1500 and only when two or more vehicles are involved in a collision. Is that true?"


Has anyone had any experiences with Canadian Premier Life Insurance Company?
I was just wondering if anyone has had any experiences (good or bad) with Canadian Premier Life Insurance Company out of Markham, Ontario, Canada. The Insurance is sold through Sears. Anyhow information or experiences you have had that you can share would be greatly appreciated. Thanks"


On average how much would monthly insurance be on a 2012 rolls royce ghost?
On average how much would monthly insurance be on a 2012 rolls royce ghost?


Price for motorcycle insurance?
So my parents just bought my brother a brand new car and just told me that I wont be getting it til 3-4 years from now . and I'll be 20 something by then! I'm 16 turning 17 this year by the way. and it sucks even more because my other brother had received his car when he was 18, which is totally unfair because I have achieved more things than him, academic and community wise. So anyways, I've been wanting a motorcycle since I was a little girl and since I will be working this summer and winter, I was hoping on buying a used motorcycle, specifically any Kawasaki Ninja, at the beginning of 2010. Insurance price please? I know it ranges from age, experience, accidents, and etc. I'm a 16 year old female that will be getting her regular permit in June and after 6 months, I will be getting my motorcycle license. Won't be driving a car anytime soon, obviously. Oh and I'm in the bay area of California if that changes anything? Thanks for the help, just need to know how much to save. Oh and if your wondering why I wont just buy a car, because I only wanna save 5 grand max and that will only get me a wack car."


Items stolen from vehicle.Homeowners insurance?
My husband parks his truck in our driveway. It was left unlocked & items were stolen from cab including a laptop, tablet, portable printer, cash, etc. And items locked in tool box in bed of truck including new chop saw, small compressor, nail gun, etc. Were stolen. They busted the lock on the box and a bunch of other misc stuff. Should this be covered on our Geico homeowners? Are things locked in the tool box as well as left unlocked in cab covered? Do I need to report to police? They don't do anything :-("


I have recently joined as an insurance agent. can anybody plz help me find people who need life insurance and investment plans. plz....?
I have recently joined as an insurance agent. can anybody plz help me find people who need life insurance and investment plans. plz....?


Georgia Car Insurance?
If i'm moving to Georgia it states that I have 30 days to register my car and I need to get car insurance within those 30 days. If i'm looking around for insurance am I allowed to drive with an out of state insurance during those 30 days? Please give a absolute answer not something that you are guessing.


Are group term life insurance proceeds taxable to the employer if the policy is on a CEO?
Let's say company A takes a policy of on a CEO. They pay 40,000 in premiums and CEO collects 10,000 in premiums. Upon CEO's death company A collects 1,500,000 and CEO's wife receives 100,000 from life insurance proceeds. What are the tax effects to company A and CEO's wife?


"Stupid car insurance, doesn't want to pay?"
My car was parked at the street and another car crash with my car. The insurance company of the other driver doesn't want to pay the full repair. They want me to pay for what they don't want to pay. I recently contacted a lawyer but he toll me that the insurance company can pay you or repair only what they want. I think that this lawyer sucks. The thing is that I took my car to the shop before I knew that the insurance company would not pay the full repair, and now the car has been repair only part of it. Anyways, in the future if you find yourself in a situation like this, tell the insurance company that you don't want the car and that you want them to pay you the price of the car before taking it to any shop. or may be it depends on the insurance company"


"What is the best, cheapest, online car insurance on the internet?"
California, Mercedes c230, Age 25"


Can I own a car with no insurance?
I'm sixteen and looking to buy a car. I'll have a license in about 4 months, but I want to buy a car first - that way I'm good to go. Is it legal to let my car sit in my garage or driveway for a few months without insurance or plates? I know plenty of people who have had cars before they've had licenses, but I want to make sure I'm not breaking any laws. I live in Connecticut. Thanks!"


"What are the rules for an auto insurance to declare your car a total loss"" after an accident?"""
I was under the understanding that an insurance company wouldn t pay for a repair that costs more than the value of your car. I have a 2001 pontiac grand prix and its worth about $1200, yet after my accident this week, the insurance company of the person that hit my car paid $2500 to fix my bumper and loss of use? Why didn t they declare my car a total loss and pay much less. All that being said, I m grateful that they gave me the money to fix my bumper instead of declaring my car a total loss, because the utility of the car and the fact that I do not have car payments makes the car worth much more than $1200 to me."


"First pregnancy and can't afford child-care? (car payment $448, rent $1060, insurance $287.......?"
I live outside of Washington DC in the Northing VA area as for rent it is about the cheapest around this area an that is what I did move away to get a cheaper rent other wise I would be paying like between 11,000-12,000 for a one bed room. But the car thing I have tried to get rid of it but I owe more than it's worth I would be like $9,000 upside down in negative equity. I did a stupid thing by getting a car on my own and got screwed."


Car accident with no insurance in FL?
I was in a car accident where the other driver admitted it was her fault, and i had a witness - as well as the officer saying it was my right away. However, I did not have insurance.. I assumed I was still under my parents name but my dad took me off their insurance a couple months ago. My car is totaled, and im in some pain ( nothing minor, just very sore )Where can I go from here? is my only option to call a lawyer or can i directly go to her insurance? all i want is a rental for the time being and to get money to buy a new car ( so w.e money my totaled car was worth) i want to make this as easy and fast as possible which is why i dont want a laywer involved. is that basically my only choice though? Thanks"


Where can I get cheap car insurance?
I'm a 17 year old boy/man who has his provisional licence since last year, I'm currently living in Wexford Ireland and want to get cheap car insurance. Who does the best deal?"


Motorcyle insurance laws in Michigan?
I know motorcycle insurance is required in MI, but what is the penalty for being caught without it? I am planning on buying a used bike that I saw for $250 but to get it insured, it would cost me $200 per year. It doesn't make sense."


My daughter sold her car to her boyfriend ( now ex ). She still has him on her insurance and car is still in her name? She lost pink slip?
Best way to deal with this? I thought maybe she should take him off her insurance immediately, but thought maybe not, as car still in her name. To make matters worse, he turned out to be not so nice. Thanks."


Financing a new car and with no insurance?
i do not plan on driving the car, I want it in my drive way with no plate on till my son turns 16, I uner stand I need to have plates registration and insurance to take it home, but after I get home I want it to just sit in the drive way"


I can't afford health insurance for 2014 what do I do?
I live with my boyfriend,23 years old no children i work as a dental hygienist but the company I work for doesn't offer health insurance. I make about 35,000 annually and live in oregon. Through the coveroregon website it says I don't qualify for the tax credit to get a lower monthly premium. The lowest plan I can find is $120 after 2014 begins. Some companies offer lower monthly premiums if you enroll before 2014 but all the ones I have checked (lifewise, moda, regence blue cross) say that once 2014 happens the prices will go up and you will be force into another more expensive plan. I honestly am paying back 40K in student loans and cannot afford to pay an additional $120 a month in health insurance. I understand I need health insurance, and I WANT health insurance... I just need it at a lower cost. WHAT do I do? Help me please!"


How much do driving lessons reduce my car insurance?
I haven't seen a question like this before on Yahoo answers, but is the 350$ lessons (6 hours) really worth it? (Driving isn't hard, I know, but I want the lessons solely to reduce insurance rates)"


I want to know about car insurance?
I want to know about car insurance quotes and find out how much i save on my car insurance.


How does an Alabama ticket affect Washington insurance?
I got a speeding ticket in Alabama last day of August for doing 52 in a 40, $200. I have two previous wrecks, one was not the considered my fault and my rates did not increase, one was weather related but my rates did increase. I am 20 years old and have no previous tickets. I know this will go on my record and that my insurance company will see when my policy is renewed, but I want to know if it will dramatically increase my rates? WA state does not operate on a points system like Alabama does so I'm confused on how it will transfer over. Any help is appreciated."


How much does it cost to see a gynecologist without health insurance?
I live around the Chicago suburbs, and I don't have health insurance at the moment. I just want to get the regular check-up and pap smear. Anyidea how much it would cost?"


Are group term life insurance proceeds taxable to the employer if the policy is on a CEO?
Let's say company A takes a policy of on a CEO. They pay 40,000 in premiums and CEO collects 10,000 in premiums. Upon CEO's death company A collects 1,500,000 and CEO's wife receives 100,000 from life insurance proceeds. What are the tax effects to company A and CEO's wife?