Posts Tagged ‘term insurance’

Converting A Term Life Insurance Policy To A Permanent One

Term life insurance is a very affordable way to keep your family insured during your early years. Since a young family has a lot of financial obligations, term life insurance very conveniently combines security and affordability for you. However, term policies are not forever, and when the term comes to an end, you will have […]

Save money on life insurance

Generally, life insurance is known as a life assurance. In the event of death, life insurance is a assurance to secure your family by providing a set amount of money in the form of death benefit. On the other side, life insurance is also a means of investment or savings and there are several options […]

Life Insurance Used in Estate Planning

Life insurance is no longer solely used for funeral expenses today. It has evolved through the years to become a product that is used for multiple purposes. These could range from covering burial costs, compensating for a loss of income, as a means to pay off mortgage and other debts, to provide for children’s education, […]

Life Insurance with No Exams

For all those people out there who are healthy and want their insurance faster and with less hassle, a no medical exam life insurance policy has developed as the latest trend in the market today. As long as you do not suffer from any chronic or life-threatening disease such as cancer, AIDS, diabetes or a […]

Single Premium Life Insurance Policy

Single premium life insurance is a type of life insurance coverage where the policyholder pays the premium at the beginning of the policy term and no additional premium is required to pay during the policy term. The main feature of the single premium life insurance policy is that the policy acquires its cash value faster […]

Survivorship Life Insurance

Mrs. and Mr. X own a significant estate that they plan to leave behind as a legacy to their children. As part of their estate planning process, their financial advisor recommends they purchase survivorship life insurance. Mrs. and Mr. Y have a son with special needs. They are worried about his financial security after they […]