Term life insurance calculator Term life insurance or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments and/or conditions. If the insured dies during the...more
Life Insurance can be seen as falling into a cash value or non cash value scale. Policies that have investment options fall into the cash value category. Alternatively, the non cash policies will only have death benefits.To get the life insurance that is best suited to your needs, you will need to engage in some serious research. You might go to a financial consultant for tips on the suitable life insurance policy for you. Always confirm any...more
Insurance is designed to protect a person and the family from disasters and financial burdens. There are many kinds of insurance of which, the basic and most important is considered to be life insurance. It provides for the dependants after your death.Since there are certain financial commitments you need to meet throughout life and do contribute in some way to the family income, you need to provide something even in death-to secure the home, help the family meet expenses for a while, protect dependant parents, or secure the children or spouse.Financial obligations could include funeral expenses, unsettled medical bills, mortgages, business commitments, meeting the college expenses of the children, and so on.How much insurance a person needs would vary, depending on lifestyle, financial needs and sources of income, debts, and the number of dependants? An insurance adviser or agent would recommend that you take insurance that amounts to five to ten times your annual income. It is best to sit down with an expert and go through the reasons why you should consider insurance and what kind of insurance planning would benefit you.As an important part of your financial plan insurance...more
Far from the madding crowd. When Thomas Hardy wrote this novel, he would not have imagined his words would carry so much meaning in our modern. Here in our times, each of us wants to escape the madding crowd, each one of us is in search of that elusive land of tranquility. But strangely enough, for tranquility, one does not have to keep searching...more
The best insurance is term life insurance, at least since it first appeared in the middle of the 70s. While term insurance is the least expensive you are able to purchase, there are a few options to reduce payments and locate plans that are even less expensive. Here is how to acquire inexpensive term life insurance.Not all plans are created equal,...more
Insurance covers risk, life insurance covers the risk to life. Life insurance has become an important tool of providing security to the family in case of premature death of the earning member.It has come a long way from being a simple life insurance; from a protection to family against the earning members death to investment and wealth generation.Know your purpose of buying life insurance. It could beLifetime income for dependents Childrens education fundGet added income along with insuranceProvide for the retirement yearsLife insurance still remains risk cover first. It insures life. Other benefits are added to support and cater various situations that one may face in life. It is as important to understand that in most cases, insurance is a long term contract and the terms cannot be changed in between. Each life insurance type has a specific purpose and we need to understand that and compare with our needs before finalizing anything. Let us study the insurance options availableTerm InsuranceTerm insurance is a pure risk cover plan taken for a fixed duration to cover a specific risk. You pay a specific premium for a specific sum assured for a given period. The policy ceases as soon...more
Many people apply for a life insurance policy, but only few get approved for the same. If you have enough money to pay the premiums would not mean that your chances of approval are higher. Your application for a life insurance police is passed...more
Types of Single Premium Life Insurance – Did You Know there are Two Types of Single Premium Life Insurance? There are two types of single premium life insurance. The first type is single premium whole life insurance and the second is...more
To bring some changes in our life is ongoing process. We always want to do something new and better to make our life convenient and stylish. The fashion of living styles change very fast. Besides adopting new modern life style, we try to keep our...more
Yoga has had a profound impact on human mortals since time immemorial. This five thousand years old phenomenon has been at the heart of the Indian civilization through the ages. Thousands of people worldwide are now practicing this...more
Life Insurance Settlement Advantages- The Good Idea Many of use would agree, learning about how to sell your life insurance policy can often feel like a daunting task. There is alot of information to take in and more importantly, alot...more
Term life insurance provides life insurance coverage for a specific time period (the term). It is often referred to as pure insurance. The face amount of the policy is paid if you die during the term of the policy. When you live longer than the term...more
