Life Insurance Knowledgebase

If you are young, ready to take on the world and looking for long term protection, you might want to consider variable life insurance. It offers investment and security. It is a form of whole life insurance but gives you more control over the cash value and death benefits amount. Variable life insurance provides permanent [...]

Return of premium life insurance is a newly introduced life insurance policy that provides both death benefit protection and a return of premium insurance feature. With return of premium life insurance, if you keep your policy for the term period, at the end of term, the insurance company will return the entire premium that you [...]

Many people prefer whole life insurance policies because it serves two purposes – life insurance and investment. Whole life insurance is a subcategory of permanent insurance. A whole life insurance policy is one can keep for as long as you live and that will pay the face amount to your beneficiaries. It has a level [...]

Diabetes is commonly known as ‘high sugar’ problem. Much of what we eat is converted to glucose, also loosely called sugar. To use this sugar our body needs insulin. When there is lack of insulin, this sugar can not be utilized by the body and diabetes occurs. Diabetes can cause serious complications that can cause [...]

Second to Die Life Insurance policy is a life insurance policy that insures two people at the same time. The benefits are paid only after the second person dies. It is also referred to as last-do-die insurance, joint and last survivor insurance and survivorship life insurance. Since in a second to due life insurance the [...]

If you are the beneficiary of a life insurance policy and the insured has expired, you must contact the insurance company in order to collect the death benefits payable under the life insurance policy belonging to the insured. If the insured who has expired is a loved one, you may not be in a position [...]

Life Insurance is a must for people of all ages. Just because you are retired, it doesn’t mean that you don’t need life insurance. Don’t be under the wrong impression that life insurance is only for younger people who are making sure their spouses, kids, and home mortgage will be paid for if they pass [...]

Your weight is one of the many factors that affect the price you pay for life insurance. Your overall health may be perfect but if you are overweight, you might have a difficult time getting affordable life insurance. If you have a healthy weight, you don’t need to worry much about your insurance deals at [...]

When you are considering a whole life insurance policy, a number of questions will come to your mind. The foremost will be why buy a whole life insurance policy? Well, for starts, a whole life insurance policy is the best bet if your goals are long term. It has built-in savings element. It builds cash [...]

Life insurance is a contract between an insurance company and a policy payer in which the policy payer, which is usually the insured, is ensured to have his beneficiary or beneficiaries paid a death benefit by the insurer in the event of his death. The policy payer will gradually pay the benefit through payment of [...]