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Do you pay taxes on term life insurance payout?

Generally, life insurance proceeds you receive as a beneficiary due to the death of the insured person, aren’t includable in gross income and you don’t ha...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Do most insurance agents fail?

Most insurance agents fail because they had unrealistic expectations and expected too much too soon. This typically results when the business isn’t suffic...

What month and day did the stock market crash 1929?

The stock market crash of 1929—considered the worst economic event in world history—began on Thursday, October 24, 1929, with skittish investors trading a...

What is a program insurer?

Program Insurance Business This is achieved through a delegated authority from an established insurance company which allows the intermediary to market an...

Can I buy shares in Reliance?

You may be able to buy a fractional share of Reliance Industries, depending on your broker. Check in on your investment. Congratulations, you own a part o...

How long does it take to get money when you invest?

The timing of a withdrawal depends on several factors including what time of day the withdrawal request is made and the institution receiving your funds, ...

What does share holder means?

The term ‘shareholder’ is used to denote any person, institution or company that has ownership of at least one share of a company’s stocks, also referred ...

Was Simon Bolivar a wealthy Creole?

Bolivar was born in Caracas (present-day Venezuela) in 1783 to an extremely wealthy “creole” family (Latin Americans descended almost entirely from Europe...

How do I set up a micro finance company?

Start a micro lending company by following these 10 steps: STEP 1: Plan your business. STEP 2: Form a legal entity. STEP 3: Register for taxes. STEP 4: Op...

Which is more expensive a performance and payment bond or a bid bond?

Bond companies issue bid bonds with the knowledge that a performance bond will be required which will be significantly more costly than the bid bond (usua...