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In the process of clarifying the various life insurance policy types that are most popular, it is important to note first that life insurance is a contract between an insured person (the insurance policy holder) and an insurer (an insurance…
If your learning all about life insurance, you’ve probably noticed there are a lot of policy options, benefits and components. Life insurance is a policy that will help your family survive financially in the event of your death. It’s a…
An endowment life insurance plan is designed to pay a lump sum during a specific time period, typically on its maturity, or upon the death of the insured. It is a term life insurance policy paired with a savings plan….
Life insurance is a good investment to protect your family from burdening expenses in the event of your unexpected death. There are four main types of life insurance policy available, so let’s review. Term Life Insurance The most popular an…
Life assurance policy is important if you are married or have children, especially if you are the primary financial provider. A life assurance policy ensures your loved ones will not endure financial trouble when you are gone, especially if it’s…
If you have children, a spouse or others who financially depend on you, then the purchase of life insurance is a smart move to make. Life insurance will help your dependents cover bills and expenses in the event of your…
Choosing to purchase life insurance is a great idea, but it sure comes with a lot of questions. Here are some frequently asked questions when one is considering a life insurance policy. How Much Life Insurance Policy Do I Need?…