Category: Life
Tips on Choosing a Life Insurance Provider
Have you ever thought what would happen to your family or your dependents if you die? Whether you are the primary breadwinner, or the one who takes care of children for the most part, your investment in the family life and well being is invaluable. However this investment can be insured. Life Insurance gives you [...]
HIV and Insurance
To meet the demands of the public and to correspond with the contemporary medical statistics, insurance industry now begins to offer more adequate insurance services to HIV-positive US residents. Fortunately, it has become possible to extend the lives of individuals with HIV thanks to the increasing effectiveness of AIDS medication, introduction of the highly active [...]
Senior Life Insurance
If you’re over 55 years old, you may think you can’t buy life insurance. It’s true that finding the right life insurance policy gets harder as you get older. But that doesn’t mean it’s impossible. Why would you want senior life insurance? For many people, a life insurance policy makes sure that the people you [...]
Variable Universal Life Insurance
Variable Universal Life Insurance (often shortened to VUL) has become a more popular type than Variable Life Insurance in the USA. As its name suggests, it combines the essential features of both Variable Life Insurance and Universal Life Insurance. The “variable” component refers to a number of investment options similar to mutual funds you can [...]
Whole Life Insurance
Whole Life Insurance is one of the most common types of Permanent Life Insurance. Whole Life contracts run for the whole of the policyholder’s life and accumulate a monetary value which is paid out when the contract matures or is surrendered. This feature, which is one of the primary benefits of Whole Life Insurance, is [...]
Convertible Term Insurance
Convertible Term Insurance allows the policyholder to change the face value of the term policy in force into a permanent form of Life Insurance, such as Whole Life, Universal Life or Variable Life, without any penalties or evidence of insurability. With the conversion provision the insured has an opportunity to expand the coverage in accordance [...]