How Long Will You Live?
The American Council of Life Insurers defines life insurance companies grouping individuals into pools in order to share the financial risks presented by dying prematurely, needling long term care or becoming disabled.
A Life Insurance Year in Review
Review life and disability insurance coverage. If one spouse is not working, he or she might be depend on the others income.
How Does a Life Insurance Premium Waiver Work?
Generally, companies will start to waive the premiums for a policy when proof indicates that the insured’s disability has gone on for at least 6 months in a row.
Will the Accidental Death Benefit Pay?
If an insured is in an auto mobile accident but dies from a heart attack, the accidental death will only be payable if the accident can be proven to have triggered the heart attack
What Is a Life Insurance Clean-up Fund?
Without life insurance or a substantial savings, a clean up fund is impossible to justify. And this is just one category of the life insurance economics.
What should I Look for in a Life Insurance Company?
The following are points to keep in mind when choosing a life insurance company:
What are Life Insurance Dividends?
According to McGill’s Life Insurance, many insurance companies offer a fifth dividend option which applies the dividend to purchase one-year term insurance in varying amounts equal to the policy cash value, the face amount of the policy or the total premium.
What Is A Life Insurance Premium Notice
Most insurers, however, have established a customer and practice of sending premium notices to their policy owners.
Making Premium Payments
To an authorized agent When payment of a renewal premium is made to an agent who is authorized to receive payments, there are generally no problems as long as the agent forwards the payment to the insurer according to McGill’s legal Aspectsof Life Insurance. To the policy owners agent It should be clear that payment […]
You Need to Talk About Life Insurance
We never know when an accident could victimize family members