Should You Drop Existing Life Insurance Policy? If you already have a life insurance policy and you're considering replacement, this article will help you make a decision. To the question of whether you should switch, many people in the life insurance industry have a simple answer: Don't.They think that a life insurance policy, once purchased, should never be replaced. We do not subscribe to that view. We think replacement-purchasing a new...more
Replacing Your Policy? Compare Life Insurance Rates If your present policy happens to be a high-cost one, it may very well pay you to compare life insurance and switch, despite the cautions. Thus, before you decide either way - to switch to buy life insurance or not to switch - you need to know the cost of your present policy so that you can compare it with the cost of a possible replacement and find the best life insurance coverage for...more
Converting Term Life Insurance to a Cash Value Policy Because conversion clauses vary considerably, you should carefully read the conversion clause of any term life insurance policy you consider buying. A sample Life conversion clause read in part:Conversion at End of Final Renewal Term – If all due premiums have been paid to the end of the final renewal term, you may then convert the policy, without evidence of insurability, to a new policy on the life of the insured. The new policy will be on the Whole Life plan in the same underwriting class as this policy .... The new policy must be for at least $10,000 but not more than the Face Amount of Insurance of this policy. The premium will be determined by the insured's age on the date of conversion....Other Conversion - At any time while your policy is in force with all due premiums paid, you may convert it without evidence of insurability to a new policy on the life of the insured. To do so, send us a written request and this policy.The amount of life insurance provided by the new life insurance no medical exam policy may not be more than the Face Amount of Insurance of this policy. The date of the new policy may be either...more
Benefits of life insurance * When to think about life insuranceOf course, no one likes to think about bad things happening and it is not a subject at the top of everyone's list of priorities. Sometimes you may be forced to take out life insurance, such as when you get a mortgage. This type of life insurance is called term insurance and only...more
Advantages of life insurance quotes The meaning of life insurance is a system which gives compensation in the case of the demise of individual. It means having back up in case the person insured dies. It is in terms of an amount of money which is payable to surviving nominee by the companies of life insurance who offer these policies. There...more
How long accident insurance: Important point for consideration The auto vehicles are said to be the backbone of the modern world economy. It is a very important requisite for the modern world economy to get the most desirable auto that would enable the people to commute from one place to another. It is the auto vehicle that has provided the man with the most desirable kind of the satisfaction. The auto vehicles have always played e very important role in the life of the man and have always lead to the desirable kind of a solution for the people. Depending on the type of vehicle it is always in the best interest of the person to get the desirable kind of the auto vehicle insurance policy. The auto vehicles enable the people to easily commute from one place to another. At the same time it is the auto vehicle that has provided the man with the most desirable and effective way to commute from one place to another. It is always very important for the people to realize the importance of having the desired auto vehicle insurance policy. Moreover it is very important for the people to keep in mind for how long auto insurance policy will be valid.There are countless number of firms...more
Little Known Fact: Life Alert Makes a Great Gift for the Receiver and the Giver Tis the season when stockings are hung, menorahs are lit, and gift ideas abound with every TV commercial. However, with the economy being a bit challenging right...more
So what sort of issues decide if you need high risk life insurance. The obvious is individuals in high risk jobs such as a sky diving instructor or a pilot. Your past-times can give insurance companies cause for unease and have them place you in a...more
ICICI Life Insurance SmartKid Assure – A Ulip Plan ICICI Life Insurance SmartKid Assure – A Ulip Plan.Get your lovely kids insured by taking Child Plan that suits you best. By taking SmartKid Assure Plan, your children's future will be...more
Senior Life Insurance – Get a Senior Life Insurance Policy in Three Easy Steps More and more seniors are taking advantage of great premiums in order to get some end of life coverage. It is a simple process that takes very little effort and...more
Buying a Long Term Care Insurance Long Term Care Insurance has been established many years ago. It all started in the beginning of the national Medicaid program. Unfortunately, a lot of things have changed now. One dramatic change that we can...more
Tips In Finding The Best Life Insurance Leads If you are a life insurance agent who wants to be more profitable, then finding the best life insurance leads would be your best move. Most agents have different techniques and strategies in...more