Cheap Life Insurance Quotes

Life insurance policies pay some kind of benefit if your health suffers or if you are unable to work as a result. Life insurance premiums are calculated using information based on your age, health, lifestyle and occupation. Click here to continue reading

As we mentioned in the previous article, universal life (UL) was introduced in 1981-82, in response to a historically high interest environment and a consumer awareness of the value of self-directed investments because traditional insurance could not compete with short-term interest rates.Here are some characteristics as follow1. Account ValueThe account value of a universal life plan is the sum of the gross values of all the investment accounts within the policy, including income, after deductions for the current month expenses.2. Cash Surrender ValueThe cash surrender value of a universal life plan is the current account value, less outstanding loans and surrender charges. Surrender charges are usually based upon a multiple of the minimum required premium for the policy back-end charges are larger than front-end charges.3. Premiums & ContributionsPremiums are those amounts needed to pay the cost of insurance charges and other expenses for the policy. Deposits are those excess amounts that are of a pure investment nature.4. Death Benefit OptionsThe amount of death benefit payableClick here to continue reading

Life insurance is not something people like to think about. But for anyone with family, loved ones, dependents and any type of debts, a life insurance policy can make things a whole lot smoother after you pass on. It is therefore important to learn as much as you can about the different types of life insurance available and the pros and cons of each kind. One such kind of insurance that you might see advertised everywhere is No Exam Life Insurance. Also referred to as Simplified or Guaranteed Life Insurance, this kind of policy does not require any medical exam. At a glance, the advantages of a term life insurance policy with no exam are: No medical exam or investigation of medical history is required. Easy to qualify for with no waiting period or follow up required. The application process is fast and simple and the underwriting process is instant. Coverage is available immediately and there is normally a 30-day money back guarantee. RatesClick here to continue reading

We all know that life can be unpredictable – not knowing what’s around the corner or what can unexpectedly happen to us. Click here to continue reading