Category: Insurance

Benefits of Life Insurance Every Man Must Know

Benefits of Life Insurance Every Man Must Know

The death of a family member is traumatic, especially if he or she was the breadwinner of the family. At such times, the bereaved family members have to cope with not only a personal loss, but a financial crisis as well. This is where life insurance comes into picture. It guarantees that in your absence, your ...

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Top Rated Life Insurance Companies

Top Rated Life Insurance Companies

In simple terms, life insurance is a legit agreement between the policy holder and the insurer, in which the insurer will pay a particular sum of money upon the death of the policy holder. The main advantage of a life insurance policy is to provide financial security to the family of the insured after his/her ...

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Irrevocable Life Insurance Trust

Irrevocable Life Insurance Trust

The concept of irrevocable life insurance can be used in several different ways and manners. Chiefly, it is a great way to ensure that the surviving family members of an insured person remain well-off even after his/her demise. The legal premise of such a trust is that one single trust can potentially hold more ...

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How Much Life Insurance is Enough?

How Much Life Insurance is Enough?

A life insurance policy helps pay off a person's present debts, and helps his family survive and maintain a normal standard of living, in case of his death. Now, if you are an individual with no dependents, you might be able to do away with such policies, but if there are others who depend on your income, then ...

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What is Private Placement Life Insurance?

What is Private Placement Life Insurance?

Life insurance is a crucial safeguard for several people. It's an extremely essential safe guard that is needed for families, as it ensures financial well-being of the family. Of recent though, there have been policies that are often viewed as good investments with a significant volume of growth and return. The ...

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Universal Life Insurance Pros and Cons

Universal Life Insurance Pros and Cons

A universal life insurance policy, which is also known as 'flexible premium adjustable life insurance', is a life insurance policy, that has several indemnity provisions, that safeguards you and your family's well-being and future. The concept of life insurance in the initial days involved a coverage against ...

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What is Group Term Life Insurance

What is Group Term Life Insurance

If you are a salaried professional, you may be offered group term life insurance by your employer. It's one of the many types of insurance products that are made available and provided as part of an employee welfare package, by an employer. What is Term Life Insurance? This type of insurance offers a ...

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Pros and Cons of Variable Life Insurance

Pros and Cons of Variable Life Insurance

Life insurance policies are of two kinds - a) Whole life plans and b) Term plans. The former is a cover for the rest of your life, while the latter is for a fixed term, which could be five years, ten years, or even thirty years. For both kinds of policies, you have to pay a premium regularly, as stipulated by the ...

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