Term Life Insurance Policy Articles
- Term Life Insurance
Term Life Insurance is one of the purest forms of life insurance in the sense that it provides a level death benefit in exchange for a premium. Death benefits for term life insurance are traditionally level, neither increasing nor decreasing over the term of the policy. This is in contrast to mortgage life insurance where the death benefit declines with your mortgage balance, or universal life insurance where the death benefit may increase over time with the investment portion of the contract....
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Buying Life Insurance?
One Tip to Save You Thousands!
It's simple, always have your Life Insurance policy “Written in Trust”. This may sound technical but it is easy to understand and it's so easy to organize. “Written in Trust” ensures that in the event of a claim, the policy will pay directly to the beneficiaries you name on the policy when you first take it out. If you do not do this, the policy will payout to your legal estate and...
- Buying Life Insurance
Online – Is It A Really Good Idea?
The advent of the internet has opened up the possibility of cheaper life insurance for all. In years gone by, if you were considering life insurance you would probably have invited an insurance salesman from your favourite insurance company to meet you or alternatively gone to your local insurance broker. But rarely would you have been courageous enough to get competitive quotations. It just wasn’t done. You trusted the salesman to do the best for you and surely you thought, life insurance is somewhat technical and requires specialised knowledge. All very cosy. All very expensive....
- Understanding
Insurance: Term Insurance
Term insurance is one of several types of insurance. In its most basic form, this type of insurance covers only a specific time frame. The term of the insurance coverage is the only time in which the insurer will have to pay out should the insurance be needed. It is most commonly used in life insurance. And, it is one of the most inexpensive ways to insure. But, what makes this the right choice?
- Choosing a Health
Insurance in the United States and Around the World
When you have a health insurance you are insured against medical expenses due to accident or illness. Before you jump into any health insurance or medical plan you need to do your homework. As with any insurance you need to read the fine prints of what is covered and what is not. For example it is not uncommon for an health insurance to only cover future expenses....
- A Primer on
Life Insurance for Mothers
One of my client's wives paid me a visit to ask about life insurance, a product I was well acquainted with. She told me that she and her husband were visited last night by a life insurance agent. "Jan, what did he try to sell you?" "A $90,000 whole life policy with an annual premium of $500. Is that okay?" Knowing that few people really understand life insurance, I asked her if she really understood what the agent was talking about....
- Why
Should I Even Bother to Buy Life Insurance?
Numerous economic experts believe life insurance to be the basis of sound economic planning. It is in general a cost-effective way to take care about your loved ones after you are departed. It can be an important instrument in many ways....
- How Much Life
Insurance Do I Need?
How much life insurance should you buy? The answer to that question is as individual as your circumstances. You'll need to evaluate the reason you're buying life insurance in order to properly answer this question. Once you can specifically answer the question “Why am I buying life insurance” you should be a long way towards determining a proper amount...
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