Conventional life insurance or ULIPs? What are traditional life insurance plans? Why should I buy a traditional plan? How will I benefit from it? And how is it relevant in today's environment? How are these different from the more popular ULIPs?These are some of the questions you would generally ask before making a purchase decision.Traditional insurance plans, which include term, donation and whole life policies, offer multiple...more
Term Life Insurance Solved Definition of Term Life Insurance? Life is what happens to you when you're busy planning other points. It is a quote from John Lennon and he identified the quote so accurate at his end. Life might be about crests and troughs but even God hardly registers the humor with which he fills the plot of our lives. Life is quite precious but bound to become lost in the end. It is actually then very befitting...more
Level Term Life Insurance Information - A Way To Obtain One So what exactly is level term life insurance? It's a Life Insurance policy that will pay out an assured cash sum in the event you pass away during the term of the policy or are diagnosed as suffering from a terminal illness. Level Term Life Insurance is made to offer an amount of lump-sum life insurance where the amount that might be paid out on dying (or critical sickness) remains the same through the policy term. The premiums are determined at out-set and are normally assured for the full term of the coverage, provided premiums are paid when due. Reviewable premium plans are available, however are not extensively used. Nearly all people who require level term life insurance already have a fair idea what it is they would like, and it often tends to be for a shorter time period.No matter what type of insurance cover is purchased, the process is basically identical. It is a good idea to get in contact with an insurance firm online, directly by phone, or through an insurance dealer to obtain quotations. Online is undoubtably the simplest and probably the fastest strategy to obtain your level term life...more
Expensive City Life: Should You Fork Out for Insurance? We all know how expensive it is to live in Australia's largest cities. A recent survey by Demographia International found that Sydney, Perth, Melbourne and Adelaide housing is the most unaffordable in the English-speaking world. Amidst all this financial pressure for the...more
Should Gen Y Say 'Why?' to Life Insurance Gen Y are the scapegoats of society in many ways, characterized as the generation who want it all, want it now, and don't want to work for it. Smart financial policies like buying life insurance are almost never linked with the present-minded Gen Y. So much so, that life insurance...more
Australia's Wild Weather - Is the Noughties' Climate Making Life Insurance More Necessary? It seems that every time we turn on the television there is a new natural disaster to report on ... many of these disasters, and many of their associated deaths, are occurring in both Australia and the rest of the developed, in addition to the traditionally high death tolls that occur in developing countries with poorer infrastructure and greater housing density. These mounting death tools that constantly invade our awareness are undoubtedly making us more keenly aware of our own mortality. With thoughts of mortality, come thoughts of what will happen to your family after you die ... and thoughts of life insurance. Today we examine whether the wild weather in Australia and across the world makes life insurance more necessary in the current era than it once was.The Australian Disasters Death TollIt always helps to go back and look at the facts and figures when thinking about the real risk to our lives from natural disasters. Some recent disasters with their associated death tolls include:2010-2011 Queensland floods: Death toll of approximately 44Black Saturday...more
Pet Care Insurance- Get the Facts Pets are known to be a much loved companion of humans. They serve as a family member, best friend, or only a toy to embrace everyday. To be able to do this, pets have to be taken care of. Having a...more
Purchasing Life Insurance Isn't as Hard as Complicated as You Think It Is Now that you're moving up in the world and accruing wealth, you may be thinking of purchasing life insurance. For a small fee each month, life insurance...more
How to Purchase Life Insurance When you are young and just starting out in life, it may not occur to you to buy life insurance. Unless you have a risky occupation or your family and friends would stand to lose a lot by your passing, it...more
What Is Life Insurance and How Does it Work? How does life insurance work and why do you need it? For such an important expense, it continues to baffle many people. When you take out health insurance, you are making an investment: for...more
How Is An Excellent Life Insurance Premium Calculator Performing? Insurance plan is extremely important for a lot of people who find themselves conscious they should secure their finances on the years to come. Life policy owners are...more
How to Spot a Quality Term Life Insurance Provider Term life insurance is the most affordable way to protect your family. Term life insurance covers you for a specific period of time. If the person who has purchased term life insurance...more