What Is Long Term Disability Insurance? As it is called, long term disability insurance should pay you an income in case of disability for an extended period of time. For most people, it seems that that period of time is at least 5, 10 years or to age 65. What we have found though, is that, in most cases, policies benefit periods are just 2 years! This two year benefit period seems to be most prevalent with disability insurance policies...more
I Was Recently Diagnosed With Depression. What Happens Under My Term Life Insurance, Income Protection and Trauma Insurance Policies? A diagnosis of depression is often more of a relief than a burden. As opposed to a diagnosis of cancer, multiple sclerosis or HIV, a diagnosis of depression gives you a way forward, acknowledging the reality and treatability of your condition. However, most of us are aware that mental health is an...more
Life Insurance for Seniors Is Unnecessary, Plus 5 More Insidious Retirement Myths For many of us, retirement is a strange and very far off time. However, for an equal number of people, retirement is just around the corner! In today's society, the voices tend to belong to the Baby Boomers and younger generations, who are comfortable spouting whatever they think of on the internet. Without much of a firsthand perspective on retirement, there are plenty of myths that are currently perpetuated. One of the worst is that life insurance for seniors is unnecessary, but there are also more retirement assumptions that most of us make! Today we check out these insidious retirement myths. Retirement Myth #1: Life Insurance for Seniors Is UnnecessaryIncreasing life expectancies mean that most people still have their partners alive and well at retirement age, thankfully! Poor economic times also mean that even adult children may get into a situation where they really need help. Additionally, if you want to keep really living after you retire, not just existing, you may well chalk up a few debts ... Luxury caravans are a common culprit! Life insurance for seniors is necessary to...more
When setting up a life insurance plan there are several points to consider. Well look at three of the most important to get right.The first thing to consider is the amount of life insurance you want (the lump sum that you choose to insure). With most life insurance plans you can choose any amount you like so the actual sum of life insurance you...more
What Are The Benefits Of Critical Illness Life Insurance The critical illness insurance coverage is created to safeguard against specific diseases or illnesses such as heart attack, stroke, cancer, kidney failure, coma, paralysis, MS, Alzheimer's and various other severe kinds of illnesses, diseases, and injuries. Quite often, companies...more
When To Get A Critical Illness Life Insurance Policy Most people choose to sign up for a critical illness life insurance and a joint life insurance option as a substitute. This might very well be a great choice if you're making plans for all the things which might not work right in the foreseeable future.In general, life protection was created to assist families with money in case the insured person dies. However, most people do live throughout their policy life and might end up with a disease or severe health condition which affects them money wise as well. Unfortunately, their life coverage is not designed to assist in this case.However, when they get critical illness coverage then this might do the trick. This type of insurance policy is designed so that you are able to receive an insured lump sum payment to take care of your obligations when you become seriously ill. For instance, if you experienced a severe heart attack or perhaps contracted a kind of cancer, then it might be impossible to work in order to earn the salary you require. A critical illness policy would be useful in this regard.A combined critical illness and life policy might effectively work for...more
How To Get Critical Life Illness Insurance CI is actually among the handful of insurance plans which in fact benefit you as opposed to your beneficiaries, since with this particular type of protection you will be the beneficiary. A life...more
The Inner Workings Of A Critical Life Insurance Policy In order to make sure that a pay-out is initiated, the policy owner should live for a minimum period of time so this will be regarded as a survivable sickness, generally around...more
Quick Tips On How To Go About Purchasing The Right Life Insurance Policy Purchasing a critical illness life insurance policy is generally a decision made by an individual more than 50 years old who wants to ensure that if they are diagnosed...more
Who Needs Critical Illness Life Insurance In some cases, this policy could be generated in a way that it guarantees a regular payment on a monthly basis. Specific surgical treatments are likewise included in this type of insurance.Life...more
Aviva Life Insurance Life Saver Plus – A ULIP Plan LifeSaver Plus offered by Aviva Life Insurance is a non participating ulip plan with high life cover. New LifeSaver Plus is a saving plan which assures you that it will give your family...more
The American Association of Retired People (AARP) is an organization for women and men who are fifty years old and older. It sponsors a variety of products, usually available at substantial savings. Amongst these are life insurance policies.AARP...more