Consider these 3 reasons to purchase life insurance:
* Take Care of Loved Ones: When you purchase a life insurance policy, your loved ones are assured that they will be taken care of if you unexpectedly pass away. Life insurance acts as
Most people don’t have an answer to the question of what they are to do if their main source of income were to suddenly die, or suffer from a traumatic, sudden physical ailment. Most people wouldn’t be able to sustain their current lifestyle, keep the lights on in their home or even keep it, let alone afford a college education for their children. Life insurance provides a failsafe for dependents by giving them a set amount of money upon the dependent’s death or sudden physical ailment for a number of things. For example, the money can be used to keep the dependent’s…
In the book of Romans Paul gives us some really helpful tips on how we should live our Christian life. Our relationship with Him and how we treat others. Here are some of the life principles that I would like to follow in my life.…
When talking homes and real estate, home insurance is a subject many people don’t really talk about. It’s complicated. It’s messy. It’s just not conversation material. That’s understandable; however, because people stay away from this subject, there are quite a number of people who don’t fully understand what home insurance really is and what it does for them aside. They see it as an added unnecessary expense when in reality this is something that can save them financially in the unfortunate event of a disaster or anything that could cause damage to one’s property.…
Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money (the "benefits") upon the death of the insured person. The advantage for the policy owner is "peace of mind", in knowing that the death of the insured person will not result in financial hardship for loved ones and lenders.…
Life insurance is a contract between the policy holder and the insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger payment. Life Insurance is insurance for you and your family's peace of mind. Life insurance is a policy that people buy from a life insurance company, which can be the basis of protection and financial stability after one's death. Its function is to help beneficiaries financially after the owner of the policy dies. It can also be a form of savings in the long run if you purchase a plan, which offers the option of contributing regularly.(http://www.lifeinsurancewiz.com/LifeInsurance/what.htm)…
Insurable interest based in relationship can be established through either close blood relation or affinity. This prevents life insurance from being used as a gambling tool. If persons could simply insure strangers then the possibility of gambling on the life span of another could become an issue.…
Insurance works on the basic principle of risk-sharing. A great advantage of insurance is that it spreads the risk of a few people over a large group of people exposed to risk of similar type.…
When we having an accident especially major accident such as car accident,it will automaticaly make us having an injury and in some cases will cause death. If our family only rely on us in the financial aspect , they will lost their financial sources if we died or temporary disable. Thus,with this insurance it can reduce the financial burden of our family at least for a few month.…
In addition to a lump sum amount on the demise of the life insured, the insurance company also funds all future premiums and the policy continues till maturity. The Fund Value is paid on policy maturity ensuring that the child receives money when he/she needs it the most.…
You have a huge life insurance cover with a term plan to protect your family's financial…
Saving is a device of preparing for the bad consequences of the future. Insurance policy is often very suitable way of providing for the future. This type of policy is found particularly in life assurance. It promotes savings by making it compulsory which have a beneficial effect both for the individual and nation.…
Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your life insurance company. If your policy offers…
Life Insurance is a contract between two parties, an insurer and an insured, where the insurer agrees to pay a designated amount upon the death of the insured for a premium.…
3.Insurance helps in Giving Protection , investment options , Tax planning / catering to different…
For example with travel insurance if your luggage is lost at the airport the travel insurance would cover that and help and secure you along the way of finding your luggage no matter what it took.…