Archive for the Whole Life Category
July 13, 2009 | Featured, Whole Life | Pamela Spencer | No Comments
Life insurance is actually a contract in which the involved parties, the insured and insurer, agree that the insured will pay insurance premiums for a stated period of time, and in exchange for this the insurer will pay a death benefit to the insured’s beneficiaries in a case where the insured dies. Whole life insurance is a type of life insurance that can also be classified as an investment.
Read More
July 6, 2009 | Featured, Whole Life | Pamela Spencer | No Comments
When it comes to life insurance issues there is lots to think about. One of the important things you really need to consider is your will, as well as how your closest kin are represented in your will. Usually a beneficiary will be listed on your whole life insurance policy in the event of your death. However, if your policy is considered an asset and the beneficiary listed on your insurance policy is not the same person who receives your assets, a problem could arise with your life insurance proceeds. It is important that when you are dealing with your life insurance that you make sure that you will matches the information in your insurance policy.
Read More
June 19, 2009 | Featured, Whole Life | Pamela Spencer | No Comments
Once you have made the decision to purchase whole life insurance, it’s time for you to begin looking for an insurance policy that will not only be the best deal for you, but fit your needs as well. To ensure that you completely understand the insurance policy you are purchasing and end up with the best deal, there are questions you need to ask your insurance agent or company.
Read More
May 9, 2009 | Featured, Whole Life | Pamela Spencer | No Comments
Many people have questions about whole life insurance policies. Here are answers to some of the more frequently asked questions.
1. What are the differences between whole life and term insurance?
Read More
January 29, 2009 | Featured, Whole Life | Pamela Spencer | No Comments
When making important life decisions it is a good idea to look back to see how things have evolved to where they are now to help you make the right decisions on what will be best for you. When you are making a decision about whole life insurance, it is very important that you understand where it came from so that you can anticipate where it is headed into the future.
Read More
January 15, 2009 | Universal Life, Whole Life | Pamela Spencer | No Comments
Universal life insurance and whole life insurance are quite similar in many ways. Universal life insurance evolved from premises of whole life insurance. People wanted to buy whole life insurance policies that gave them more flexibility. These needs resulted in the creation of universal life insurance.
Read More
November 11, 2008 | Featured, Whole Life | Pamela Spencer | No Comments
Guaranteed issue life insurance policies guarantee insurance to anyone, regardless of any health conditions. That may sound very risky for insurance companies. They hedge their risks in two ways.
Read More
October 31, 2008 | Featured, Whole Life | Pamela Spencer | No Comments
Whole life insurance is widely available. It is a very popular type of life insurance due to the fact that it allows an individual to be covered for their entire life. Other forms of life insurance do not provide whole life coverage, and with other types of life insurance you may discover that you are not covered as frequently as you would like. For example, with term life insurance it only covers you for a specific term and not your entire life unlike whole life insurance.
Read More
Newer Entries »
