LIC – Life Insurance Corporation of India

Life insurance is very important to everyone. Knowing the fact that we do not how long we are going to live. We should make sure that whatever happens there is something you can leave with your family. This is what Life Insurance Corporation of India want to impose. Being wise with the future is what you everyone should be.

Life Insurance Corporation of India is primary concern is on rural areas. This is only to show that insurance companies are here to reach everyone. Many insurance companies offer good variety of benefits. However, the showing the concern is what the parameter in order to know which company deserves to have the trust. You should choose wisely which insurance company to entrust your future. Make sure they deserve the trust that you have.

Of there is an insurance company in India that you should trust that would be Life Insurance Corporation of India. This company is sincere in giving the insurance that you are looking. In terms of the stability, well, you will see that this company has the most stable reports that you can trust. The company is very transparent to its members that are why there is no doubt they have what you need in an insurance companies.

Life Insurance Corporation of India number one insurance company in India. Provides various polices to the public. This organization is Government undertaken and by this statement customer believes in LIC Polices. Every year LIC produces new polices to give insurance a new look. Mainly they focus on life insurance sector. Every policy has its rules and limits. It’s an advice to user or customer, not to buy policy directly. First of all go their and check all the policy details and then go forward for purchasing.

Today various insurance Companies are available in market to provide good facilities to its dearest customers but only few are surviving in current time but Life Insurance Corporation of India is leading in present Market. It’s also the oldest company in insurance sector.

Keywords: , , , , ,

Get Informed, Joint Life Insurance

Joint life insurance policies have their advantages and disadvantages.
If you are thinking of picking up one as a married couple, then you should weigh this policy type with the single policy options that are available considering your own unique situation.
Also, it is possible to find an insurance provider that has a package designed for you if you take time out to check, even though many of them offer packages, which are similar. Like most people you want a joint life insurance so you can have some sort of assurance that your family will have at least some sizable fund at their disposal when you are no longer around due to death.
However, just possessing a joint life policy should not be the only thing you have as you can also set up a family trust to achieve this goal.This trust can supplement the joint life insurance that you have and assist in ensuring your estate is transferred to members of your family as you want this to be done when you are no more. In spite of the fact that single life policies are similar to this type of insurance (i.e.
joint life), the major advantage this has is that this is often cheaper to having two separate life policies. Another benefit or advantage, which this type of life insurance has, is that it will provide fund to one partner at the passing on of the other.
This money can then be used to carter for the needs of the family members left behind.Two typical types of this insurance policy are whole life and term. If you subscribe to the joint term life insurance policy, then your premium payment will be less and you will be entitled to only a death benefit.
However, if what you subscribe to is a whole life insurance, then you will be entitled to not just death benefit, but also premium value.

Now going back to the trust option mentioned earlier it is possible to supplement your joint life option with the creation of a family trust.

The trust, also known as inter vivos or living trust is created while the person is alive. It simply involves giving your property or assets to a trust that has been created by you and this is then held and also managed by a third party you have chosen.

Some benefits of family trust are: being able to protect your estate from likely financial liabilities since ownership of this estate is now the trust; possibility of reducing tax payment and also being able to avoid probate proceedings.
Finally, one major shortfall with a joint life insurance policy is the fear of what will happen to this kind of insurance when there is a divorce. This is why couples are often advised to also take a single policy together with this. has the answers to all the questions that you were afraid to ask about Family Trust! To make sure that you will not have to settle for anything less than the full story on Joint Life Insurance and related topics, check out the site right away !

Keywords: , , ,

Life And Health Insurance Agents – Low Cost Life Insurance Policies

Do you need Life And Health Insurance Agents?  It is vital to acquire a good insurance policy that will ensure the well-being of your close ones.  In a time of trouble, a proper life insurance plan can be very useful for your children and spouse.  The insurance policy can secure the financial security of your dependents when you are unable to.  It\’s very important to figure out what the best policies available are.  These insurance plans should meet your family\’s needs.

Click here for a free life insurance quote.

The first crucial step is to find the right insurance policy that provides you with the most coverage for an amount that is reasonable.  With simple internet research you can find good insurance policies.  You can make your whole much easier if you analyze the options with this approach.  The advantage is that you get numerous policies from a variety of different providers.

There are many sites that let you find free life insurance quotes.  These services assist you in saving time and energy.  This makes it effortless to find the agencies that will offer the most coverage for the best amount.  After getting your policies, you can then decide on what agencies fit your needs for a sum that is financially appropriate.

Request a free, personalized life insurance quote now!

It is suitable to ask for other opinions on the firm that you are considering.  It\’s important to review the quotes to get obtain the most Life And Health Insurance Agents.  You can inquire those that have purchased their own insurance to see how their experience went.  Their insight into the policy and verify if you should or should not get that policy.

Acquiring policies online entail you filling out a form that ask basic information like your age, gender, and other basic info.  Once you complete the form, you will get inexpensive quotes from numerous firms.  Lastly you will have the ability to choose what organizations are the most appropriate for you and your dependents.

So don\’t wait any longer and get started.  To learn more on Life And Health Insurance Agents and to obtain free life insurance policies, go here.

Keywords: , , , , , , ,

Pet Insurance

Whether you want to protect yourself from the financial loss that could result from the death of your prize-winning racehorse, or you simply want to make your golden retriever\’s veterinary bills more affordable, you may want to look into purchasing some form of pet insurance. For the most part, pet insurance refers to two types of insurance: mortality insurance and health insurance. These two types of pet insurance may be sold as separate components or together.

Pet mortality insurance

Most of us own animals purely for companionship. However, if you own an animal that has financial value to you (a racehorse), is rare (an exotic animal), or is specially trained (a guide dog for the blind), you may want to consider purchasing pet mortality insurance.

Pet mortality insurance is similar to life insurance for humans. You (the owner) would take out a mortality insurance policy in an amount equal to the value of your pet\’s life. (For example, if you purchased an exotic bird for $5,000, you would insure the bird for that amount.) When your pet dies, you would collect on the policy.

The cost of pet mortality insurance is usually calculated as a percentage of the value of the animal. So, when you purchase a policy, you\’ll need to show documentation (e.g., breeding records) that substantiates the value of your animal.

Pet health insurance

When an animal is seriously injured or has a life-threatening illness, pet owners are often forced to choose between paying high veterinary bills and euthanasia. Even routine veterinary care (e.g., vaccinations and physicals) can add up, especially if you have more than one pet. As a result, an increasing number of pet owners are purchasing pet health insurance to help pay for the cost of veterinary care.

Just like human health insurance, pet health insurance has annual premiums, deductibles, co-payments, maximum payouts, and pre-existing condition limitations. Policy types vary and cover a wide range of veterinary care, from routine examinations to treatment for serious illnesses like cancer.

The cost of pet health insurance depends on different factors, such as species, age, and type of policy, but may be less expensive than paying for veterinary bills on your own. And you may even be able to get a reduced rate if you insure more than one pet with the same company.

Where can you get it?

Pet insurance is a relatively new insurance product. However, an increasing number of insurance companies are getting involved in the pet insurance market, and some employers are even offering it as an employee benefit. If you\’re interested in obtaining pet insurance, ask your veterinarian or local breeder\’s association, look in pet magazines, or search the Internet for more information.


Keywords: , , , ,

Asset Protection and Tax-Free Wealth Building Via a Life Insurance Dynasty Trust

In these times of eroding property rights, punitive tax rates, and financial insecurity, a U.S. taxpayer can use an irrevocable life insurance trust to protect trust property against creditors, legally avoid U.S. taxes, and also enjoy trust assets.  Generally, a carefully-designed irrevocable life-insurance dynasty trust (or generation skipping transfer (GST) trust) provides tax-free growth of policy assets, and proceeds of the life insurance policy are paid to the trust free of income and estate taxes.

Previously, it was uncertain whether the person who settled and funded a trust could also be a trust beneficiary without loss of estate-tax advantages.  The IRS recently provided some clarity and reassurance to US taxpayers who want to be beneficiaries of a self-settled, irrevocable, discretionary asset-protection trust. In Private Letter Ruling (PLR) 200944002, the IRS ruled that assets in an asset protection trust were not includable in the grantor\’s gross estate even though the grantor was a beneficiary of the trust.

Based on the new IRS ruling, the grantor (or settlor) of the trust may be a discretionary beneficiary (i.e., subject to the discretion of the trustee), but trust assets will not be taxed in his estate when he dies. In other words, a U.S. taxpayer can fund an irrevocable trust that buys a life insurance policy insuring his life, the policy assets can grow tax-free, he can benefit from trust property during his lifetime, and when he dies, the insurance policy proceeds are paid to the trust free of income and estate taxes.

In the past, some U.S. taxpayers used secret offshore companies and numbered Swiss bank accounts to avoid taxes. Now, similar benefits can be achieved in complete compliance with U.S. tax laws, and with the peace of mind that everything is completely legal.

An offshore trust holding a Swiss (or other offshore) life insurance policy provides virtually unassailable asset protection, in addition to tax-free growth and tax-free wealth transfer in the family legacy trust – a very nice solution to the problem of high taxes and precarious property rights.  A Swiss annuity can provide some of the same benefits.

Warning & Disclaimer:  This is not legal advice.

© 2010 – Thomas Swenson

Keywords: , , , , , , , , , , , ,

Understanding Life Insurance Policies – Save Today On Your Life Insurance

Are you needing Understanding Life Insurance Policies?  If you want to ensure the well-being of your close ones, it\’s a great idea to acquire a good insurance policy.  A proper life insurance plan can help your family and dependents in a time of trouble.  Your spouse and kids will be protected financially by the life insurance when it\’s not possible for you to be with them.  It\’s quite important to research insurance policies that are on the market.  These insurance plans should meet your family\’s needs.

Get a free life insurance quote here.

The first crucial step is to find the right insurance policy that provides you with the most coverage for an amount that is reasonable.  By doing a search on the web you can find a good insurance plan.  With this approach you can cut hours from your research to find the correct insurance plan.  The great thing about this is that different insurance firms will provide you with their own distinct insurance quotes just for you.

Many sites exist that let you get free life insurance policies.  You can find policies faster using these free websites.  This makes it uncomplicated to come by the organizations that will give the most value for the price.  When you acquire yourq uotes, you can then opt for the agencies that provide for your needs for a fee that you can manage.

Request a free, personalized life insurance quote now!

It\’s judicious to obtain a second opinion about the firm you are wanting to do business with.  To obtain the best Understanding Life Insurance Policies, it\’s essential to do quite abit of comparisons.  Request information from people who have benefited from certain insurance companies to see how their experience was like.  Their insight into the policy and verify if you should or should not get that policy.

When you acquire a quote online, you will fill out a form that asks basic information like your birthdate and gender.  Once you complete the form, you will get inexpensive quotes from numerous firms.  You will then need to decide what providers seem the right ones for you and your kids.

You will then need to decide what providers seem the right ones for you and your kids.  Learn more about Understanding Life Insurance Policies and get free life insurance plan reviews here.

Keywords: , , , , , , ,