Posts Tagged ‘whole life insurance’

Why Get a Term Life Insurance Policy?

Life insurance is an important part of any family\’s sense of security, and not having it in case of an accident can leave your entire family more devastated than they would have been if you had been covered. Depending on age, financial stability, and health a term life insurance policy may be the choice for […]

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 […]

International Term Life Insurance vs. Cash Value Insurance

Domestic and/or International Term Life vs. Cash Value Insurance Policies There are two forms of life insurance policies available. The first is Domestic/International Term Life insurance, which is the most basic form of insurance. It offers insurance death benefit coverage and that\’s it. With a term policy, your premiums are applied 100% to the cost […]

Designating a Beneficiary for Life Insurance

A beneficiary is the person or entity you name (i.e., designate) to receive the death benefits of a life insurance policy. Some states require that your beneficiary have an insurable interest in your life or be related to you (at least at the time the contract is initiated), while others have no such restriction. If […]

Whole Life Insurance – Good Investment or Wasted Money?

You\’ve read about the pros and cons of investing your money in various ways. After reading extensively, are you still wondering if whole life insurance is a good investment? The answer isn\’t as easy as you might think. Sometimes whole life insurance offers an excellent investment opportunity, but not always. Whether or not it does […]

Shopping for Life Insurance

You\’ve decided to buy some life insurance, but with so many insurance companies and so many products to choose from, shopping for coverage can be a bit of a challenge. Fortunately, with a little homework and the right help, you may be able to find a policy that suits you at a good price. Here […]