Article was written by a life insurance agent saying why HE thinks life insurance should be mandatory.
Let’s get more basic: What if new parents had to demonstrate that they were married before being allowed to take the child home?
Let’s get even more basic: What if people had to demonstrate that they were married, and gainfully employed, before being allowed to procreate?
Let’s not focus on the “what if’s” but rather work to get rid of the “what we have” in front of us.
We have prayer and work to engage in.
;-))
Great idea!!!!Unless you are a “Baby Mamma” Then it is on the tax payer.
“Life Insurance Is Now Mandatory!”
Life insurance. Just another way to describe a firearm.
Of course, the liberals will want “postmortem guaranteed issue life insurance” since they do not understand how insurance works.
Associated Press - New regulations designed to insure the U.S. government collects on any unpaid taxpayer federal obligations at the time of a taxpayer’s death, the IRS announced today that starting in 2014 it will require all taxpayers to carry life insurance.
Under the proposal, taxpayers must name the IRS as an additional insured on all life insurance policies with the amounnt of coverage determined by a percentage of the taxpayer’s average annual income computed over the most recent 10 years.
“Since most taxpayers already have life insurance through employer provided health care coverage or through individual polices, the change will pose little inconvenience to taxpayers,” said Malcome Wright of the Washington D.C. Bureau of the IRS.
“For those without life insurance in place, taxpayers will be required to show proof of insurance with their 2014 tax returns,” said Wright. Tax forms will have a line added that Wright said will appear as as simple check box to make the process easy for taxpayers.
The IRS change is expected to be implemented under executive order by the White House.
And if the dims take back the House and bH0 is re-immaculated, they will probably pass such a law.
I was a stockbroker for quite a long time. We also had to be licensed insurance agents. Customers would come in and ask me to set up a life insurance policy on their new-born.
My standard response was no. You insure assets. You don’t insure liabilities.