Having the right kinds of insurance — including good medical, disability, automobile, homeowner, long-term care, life, and even travel insurance — is key to good financial planning. This page about insurance gives you the lowdown on how to successfully navigate the often perplexing world of insurance coverage.
Life Insurance Agent Asks Questions To Assess Risk
When you're applying for life insurance you'll likely speak with an insurance agent who will ask you questions to assess your risk. After the life insurance agent has assessed your risk, he or she will provide you with a dollar amount for your life insurance premium. The life insurance premium is the amount you'll spend every month to ensure you have life insurance coverage.
Life Insurance For Long Term Called Permanent
Life insurance comes in a variety of forms. Permanent insurance is a type of life insurance that's also known as whole, universal or ordinary life insurance. Unlike term life insurance, permanent life insurance has a cash value and some people treat it as an investment. Permanent insurance is best for people who want to keep it long term.
Life Insurance: How Much Do You Need?
If you have a family you may be thinking about buying life insurance. But how much life insurance do you need? To figure out how much of a life insurance policy to buy you need to take into account your daily expenses. If you don't want to buy life insurance as financial protection you should consider other types of investments.
Life Insurance Provides Cash After Death
Why should you buy life insurance? If you have a family or people who depend on you, life insurance can protect them if you die. Life insurance provides cash to beneficiaries you designate to help them with daily expenses and large bills such as mortgages.
Read Life Insurance Contract For Understanding
How can you find the right life insurance policy? To find the right life insurance policy for you, you should talk to your insurance agent and also read the life insurance policy document or contract to make sure it meets your needs and goals.
Term Versus Permanent Insurance
The pros and cons of term and permanent life insurance.
Types Of Permanent Insurance
The different types of permanent life insurance.
Where Can I Get More Information On Insurance?
Resources you can use to get more information on life insurance.
What Is Term Insurance?
Some term insurance policies can be renewed when you reach the end of the term -- which can be from one to 30 years. The premium rates increase at each renewal date. Many policies require that you present evidence of insurability at renewal to qualify for the lower rates.
Home Office Insurance
Looking for insurance for your home-based office or business? This article tells you everything you need to know about home office insurance.