Variable Life Insurance Products – Understanding the Variable Life Insurance Products There are a number of variable life insurance products on the market. All of them utilize the option of allowing the policyholder to designate which investments the cash value of the policy resides. The variable part of the name indicates the fact that the amount of policy benefits will vary according to the investments made over the life of the...more
What Is Life Insurance? – What is Life Insurance? What is life insurance? There are legal definitions and practical definitions. The basic legal definition states that life insurance is a contract between an insured person and an insurance company that on the event of the insured person's death the company will pay a certain sum of money to the named person's beneficiary. In practical terms, the insurance company will pay the...more
Advantages and Disadvantages of Survivorship Life Insurance – A Policy for Spouse with Real Estate For those who are interested in finding a life insurance policy that will provide their beneficiaries with the greatest sum, it is going to seem that there is no easy answer. To some degree, this is true. There is certainly no one size fits all solution when it comes to life insurance, though there are certain lifestyles that will be better fits for certain kinds of policies. For example, if you are married and you own property, you may want to consider survivorship life insurance. This is a kind of policy in which two spouses are covered. The beneficiaries may not collect on the insurance until both spouses have passed away. As is normally the case in life insurance, there are both advantages and disadvantages to this kind of insurance plan. The largest advantages of survivorship life insurance go to those who have spouses and who also own property. As a matter of fact, most people who use this relatively uncommon kind of insurance are those who have much money wrapped up in real estate assets. The reason is that this insurance is designed to fit the needs of those...more
Advantages and Disadvantages of Term Life Insurance – Some Things to Consider If you have been looking at different kinds of life insurance options, then you have probably realized that there is whole life insurance and term life insurance. While there are the two basic kinds of life insurance, it should e clear to you that there...more
Characteristics of Whole Life Insurance – Many Variables When you are considering whole life insurance policies, it's important that you are considering all of your options. From a distance, it might seem that there are only two different kinds of life insurance, term and whole life. The truth of the matter, however, is that these...more
Corporate Owned Life Insurance – Key Employees If you are researching the world of life insurance for the first time, then you are probably learning that there are a number of different options out there. As a matter of fact, there are life insurance policies for a number of different lifestyles and financial portfolios. You are probably also going to learn about some insurance policies that may seem a little bit strange when you are first reading about them. One such kind of insurance policy is corporate owned life insurance. This is also known under the acronym COLI. This is a kind of insurance policy that a corporation or business takes out on an employee. There are a lot of rumors, misconceptions, and judgments that are placed on this life insurance options. You may be wondering what to believe. First, COLI is a life insurance policy that has been traditionally taken out on employees that are of great value to a corporation. These are normally executives and other key members. These people also tend to own a number of shares that are related to the primary business. The reason that COLI is useful to corporation is that if a key executive or member were to pass...more
Evaluating Life Insurance Needs – Thinking about the Future Most people will reach a point in their lives when they have to consider life insurance as an option. This can be an incredibly important and sometimes difficult task. The...more
On the Life and Philosophies: Siddhartha Gautama Siddhartha Gautama was born in the sixth century B.C. in what is now called the Southern Nepal. It was a small country that was ruled by a clan called the Shakyas whom the king is...more
The Essence of Gratitude and Appreciation - Change Your Life in a Wonderful Way Feelings of appreciation and gratitude are just as powerful as the feeling and emotion of love.Make each day a day to express thankfulness, appreciation,...more
Cancer makes it harder to insure one's life Confronting cancer as a health problem is a challenge that unfortunately not so many people can withstand these days. Of course, there are effective treatment forms for most types of...more
Lifestyle insurance coverage protection for that Wellness Decreased Lifestyle insurance coverage protection for that Wellness DecreasedInstances exactly where professionals may possibly help most likely one of the most!Are you...more
Lapland and a locals way of life Many people visit Lapland every year in search of Santa Claus and many excited children will revel in their Lapland experience of visiting Santa and playing in the endless snow. Not many people give...more