Life Insurance can be seen as falling into a cash value or non cash value scale. The cash value life insurance policies are those that have investment options. The non cash life insurance policies are those that strictly have death benefits.By doing some important research you can find the most suitable cover. You could go to a financial advisor for advice on the right life insurance policy for you. Always confirm any information...more
Life insurance is a very important decision for every family. While the importance of life insurance is understood well in the United States, most Americans think that just having a policy is enough to protect one's family.In 2007, the country's first-ever ‘Life Insurance Gap' study revealed that many Americans have just half the life insurance protection they needed to meet their financial objectives. Since this survey was...more
The main aim of buying a life insurance policy is to protect one's family or business in the event of death. Therefore, it makes sense that the beneficiaries have a stake in the life of the insured – they are dependant on the insured for financial or business stability, etc. This is called insurable interest, and is the main premise on which life insurance policies are issued.However, there are instances of strangers approaching you to buy life insurance, and then transferring ownership to a third-party (to circumvent the issue of insurable interest). This is called stranger-owned life insurance or STOLI. If you are a senior with considerable assets, you need to be particularly wary of such a proposition. They usually come in attractive, hard-to-resist offers that tempt people to accept.How does STOLI work?There are 3 parties involved in a STOLI –The agent or the stranger The individual who is approached for a policyA group of investors who buy the policy from the insured after waiting for a couple of years.Usually the policy amount is quite high, and the insured is offered a large sum of money up front or an opportunity to receive the amount after 2 years. The...more
Effectively. Life Insurance is a simple cover and generally can fall into the cash value and no cash value scale. Policies that have investment options fall into the cash value category. The non cash life insurance policies are those that strictly have death benefits.To get the life insurance that is best suited to your needs, you...more
It's worth understanding the different "dates" that make up a life insurance policy. There a few subtle rules that govern what you can and cannot do with your policy. We're going to look at a few specific life insurance dates. Before we start, though, let me say this caution you not expect to any action until after the second...more
Professional sports men and women are often worshipped by everyone else. Thats got a lot to do with the fact that sports people seem to have found a way to live out their dreams to play, effectively, for a living. The thing non sports people dont recognise, of course, is that there comes a time in every sports persons life when their career is threatened by the very thing that made them do it in the first place. Sports are uniformly dangerous occupations and injury is inevitable to all who take this profession. With sports insurance, that doesnt have to be a problem without it, an injury can spell the end of a career.How does having insurance make the difference between continuing and finishing a sporting career? Its all about time and money. Unless one is lucky enough to be employed by, say, a Premiership football club, whose coffers tend to be stuffed to bursting with doubloons, then ones employer can only carry one for so long during an injury. In basic terms: theres only so much money a club or manager can get hold of to carry a sports person through his or her injury. So, initial treatment might be paid for, and a little rehabilitation: but not enough to ensure that the...more
Do you want.....The Secret to How You Can Create a Potent and Successful Life? Focus Change by: Dr Ed and Dr Kathy Moloney (publishanerica.com) Synopsis: The book takes you through the requirements to...more
The most inexpensive kind of life insurance has constantly been term life insurance, at least since it came on the market in the 1970s. However even while the insurance itself is the most inexpensive life assurance you are able to purchase, there are...more
As the sun sets in Goa, the city comes alive with a vibrant nightlife that is perhaps the best to be found in the whole of India. Apart from its lovely golden sandy beaches, the exciting nightlife of Goa is one of the major tourist attractions of the...more
SecureLife Insurance Services has over 30 years of experience in marketing life insurance products. Their commitment to you is to offer the best life insurance coverage at a competitive price. Their goal is to provide you with the information that...more
Paying out for car repair jobs may become quite expensive. The good thing is that often you will get your car maintenance work costs insured within your vehicle warranty. This is especially true for new automobiles but you may also have...more
A common investment in your business should be exclusive insurance leads. Agencies may not see the value in prospecting exclusive insurance leads, but you will clearly see in this article that top agencies agree you need to open your eyes to this way...more