Posts Tagged ‘term life insurance’

Who can be a Life Insurance Beneficiary?

It is fairly obvious that your life insurance policy should name a beneficiary since the sole purpose of a policy is to ensure that your loved ones will be financially supported after your death. Most life insurance policies bequeath their proceedings to their spouse or children, but how this is worded in your life insurance […]

Discount Auto Insurance

Auto insurance is an necessity, but why pay more for it than you have to? Take advantage of every possible discount on auto insurance that you can. Many people choose to pay auto insurance on a monthly basis. However, the premium is calculated on a six month or annual basis. If you look at your […]

Insurance Probabilities

Economically Feasible Cost To be insurable, the chance of loss must be small. The cost of an insurance policy consists of the pure premium, or amount actually needed to make loss payments, and the expense portion. If the chance of loss approaches 100%, the cost of the policy will exceed the amount that the insurance […]

How To Convert Term Insurance To Permanent Insurance

<!– @page { margin: 2cm } P { margin-bottom: 0.21cm } A:link { so-language: zxx } –> Generally all privately owned term insurance policies allow you to convert either part or the whole part of it to a plan that is permanent. It is important to however note that premium payments for term insurance are […]

Influential Personnel Within the Actuary Division of Metropolitan Life

In 1936, with the appointment of Mr. Craig as Vice-President of Metropolitan Life Insurance in charge of home office operations, Mr. Carpenter became senior actuary in charge of industrial insurance, and Horace R. Bassford became actuary in charge of ordinary insurance. Upon Mr. Carpenter\’s retirement in 1939, Mr. Bassford took charge of all actuarial operations, […]

Choosing the Best Term Insurance — A How-To Guide

There are so many types of life insurance policies, how are you to choose the best? Many things go into determining what is the best insurance policy for you and your family. Ultimately, you will need to talk with the broker who can understand the full depth of your financial situation to get sound advice. […]