Search CompleteMarkets

... Government National Mortgage Association, or Ginnie Mae, as the federal agency is often called. As is the case with other government bonds, fluctuations in the interest rate can cause a decline in the investor's principal. The interest on government bond funds is subject to federal taxation. In general, however, it will be free of state and local taxes. Tax-Free Bond Funds-The tax-free bond fund invests in municipal bonds issued by cities, states, and other governmental entities. The income from these funds will be free from federal income taxes. As a general rule, only individuals in a high tax bracket would benefit from a tax-free bond fund, since the tax savings on this income offsets the lower interest rate that is usually paid. Within a family of funds, there might be more than one ... of tax-free bond fund. One type will utilize only high-quality municipal bonds; another might use only insured municipal bonds. While insurance will guarantee payment of the interest and principal, the value of the bonds in the portfolio can still fluctuate. There are even some tax-free bond funds that are geared to investors from one particular state. The portfolio is arranged so that the income is also free from state and local taxes. A tax-free bond fund can eliminate some of the risk associated with buying municipal bonds. The manager of the fund can weed out risky new issues that might default. In addition, the diversity of municipal bonds found in a tax-exempt fund reduces the risk from default. Depending upon their tax bracket, investors might be attracted to a municipal bond fund as the income from these bonds ...

... that's very expensive. But we've seen a good return on that investment. The people in this field like to see you, slap you on the back and buy you a beer. The best advertising is word-of-mouth, and the conventions are one way to get that. Regnier recently added two more dbas to her agency-Municipal Services Agency of Texas and Ambulance Insurance Services of Texas-after CIGNA opened two new markets: municipalities with less than 10,000 people and privately owned ambulance companies. Nobody wants to mess with small municipalities, but after Glatfelter designed a program for them, ' she says. We think this will let us pick up a few of the fire departments and emergency organizations that have to be insured through their municipalities, too. That is where our network of agencies will help. We need ... , primarily in Houston , Dallas and San Antonio/Austin regions. The average premium is about $9 ,000, with some departments paying as little as $3 ,500 and a few anteing more than $100,000. The Company estimates that about half of the state's 1,300 VFDs are target customers; the others are too small or are required to carry coverage through their city or county. The agency writes about two-thirds of its volunteer fire departments and emergency service organizations directly, with the remainder handled by a network of more than 70 agencies peppered across the state. Regnier refers potential clients to one of these agents if the client is too far away for her office to provide adequate service. We don't have contracts with any agents, but we do have underwriting guidelines ...

...ve. Their funds are pooled together and invested by professional money manager...t also be a charge for accounting fees and marketing costs, whic

...CIGNA opened two new markets: municipalities with less than 10,000 people and ...crop. That gives us a good loss ratio, and keeps our companies happy, because ...

Purchase And Sale Agreement Part I
PURCHASE AND SALE AGREEMENT PART I AGREEMENT made and entered into this ___________ day of ________________, 19__, by and among ABC INSURANCE AGENCY, INC., a Ma... Accounts or the ability of the Seller and/or Stockholder to perform the trans...