Category Archives: Life Insurance

Mortgage Life Insurance And Mortgage Redemption Policy

images (10)

Mortgage life insurance is one of the most important life insurance policies a person who owns a home can buy.

Since the ownership of this home is probably the largest investment for most people it is imperative that your investment be protected in the event of premature death with a mortgage life insurance policy.

I want to take some time to discuss alternative plans that can be used to do this.

Term Life Insurance Explained What Is Term Insurance About?

images (9)

What is term life insurance? Surprising as it may sound, people still ask how term insurance works.

You have an interest in buying term insurance, that is why you are reading this article, and you want to know how it really works. Right?

You want to know if term insurance is the right type to buy. You also would like a little information on the best type for your particular situation.

Well, there are many types of term insurance and I am going to give you a brief explanation as to how some of the most popular term policies work.

Whole Life Insurance Explanation

images (8)

A whole life insurance explanation. This should be required reading for anyone about to purchase life insurance.

Whole life, in my humble opinion, has in recent years got a bad rap. People tend to buyterm life insurance because it is cheaper.

Although I believe that a good term insurance policy can take care of the insurance needs of most people…a good whole life insurance policy is worth looking at. Here is your whole life insurance explanation.

What is life insurance and do I need it?

images (7)

Life insurance is a way for you to provide for your loved ones, should you die in an accident or from an illness.  It protects the people who depend on you to look after them.

If you die prematurely, life insurance provides a tax-free payout1  to your dependents. This money can be used to replace income from your salary, or cover expenses such as funeral and legal costs, child-care and housekeeping. This is why it’s a good idea for both you and your partner to have life insurance.

What Does Life Insurance Cover?

images (6)

Depending on your needs and preferences, there are many different types of life insurance policies available for your choosing. These types of life insurance generally falls under two categories: temporary and permanent, which are followed by the subclasses of term, universal, whole life, and endowment life insurance.

How does life insurance work?

images (5)

If you’re looking for ways to help protect your loved ones, it’s worth considering life insurance. And if you’ve ever wondered, ‘How does life insurance work?’, here’s some useful information — from how to make sure your life insurance can be renewed, to what your family would need to do to claim this valuable benefit.

Life Insurance and financial security

images (4)

No one wants to imagine meeting an untimely end. But think for a moment about how your dependants would get by if you were no longer around.

How long could they afford to stay in your home? Would they have to sell the house and other assets that you’ve worked so hard for or move in with relatives? Would they need government benefits? How would they pay for food, clothes, schoolbooks and outings? Would your partner be able to quickly step into your shoes and cover your salary earnings? And if they did, who would look after your children?

Take out a good Life Insurance policy and you won’t have to worry: their financial security is assured.

Is my Life Insurance working?

images (3)

Think for a minute about what would happen to your family if you were suddenly not around to provide for them. It’s a scary thought. But with Life Insurance your family will have some financial protection if something happens to you and you’re no longer around.

The payout from your policy would cover the mortgage or rent, put food on the table, clothe your children, and ensure their medical and educational needs are met. It could pay for the car, holidays, birthday presents, swimming lessons and outings – all the things you work so hard to give them.

In short, Life Insurance provides peace of mind by securing your family’s financial well-being.

There’s a wide range of Life Insurance covers on the market. So be sure to research and find the cover to best suit your needs.

How To Buy Life Insurance

images (2)

While Americans are out shopping for holiday gifts, few are likely to pick life insurance policies as stocking-stuffers. The percentage of American households with individual life insurance policies has hit a 50-year low of 44%. Blame unemployment, confusing products, reports of denied claims and high commissions among the declining ranks of dedicated agents.

How To Choose The Right Life Insurance Policy

images (1)

I received this article on the importance of life insurance from and decided to share it. Having adequate life insurance can’t bring your loved one back, but it can help provide you with financial security. I have numerous female friends who are living financially secure because their husbands had life insurance.