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Basics
Insurance Underwriting: Risky Business
Underwriting is a broad term used for assessing the risks involved in offering a financial product to a consumer. Underwriting is basically ...
Unit Linked Life Insurance Plan
Unit linked Insurance plan is one that provides life insurance where the policy value varies according to the change in the value of the assets at ...
Universal Life Insurance
Adjustable Life Insurance: A Flexible Option
Adjustable life insurance makes the life insurance policy more flexible and consumer friendly. Usually in an adjustable life insurance the premiums and coverage offered can be ...
Children's
Child Life Insurance: The Paradox
Child life insurance is one that provides financial reimbursement in case of the death of a person’s child. This type of insurance can also be used if the child develops a serious illness and would like to have life insurance when he or she becomes an ...
Whole Life
Preneed Life Insurance Policy
Preneed life insurance policies are whole life policies that are usually offered to senior citizens. These policies typically ensure that the funeral, cremation, or burial expenses are paid first in case of the policyholder’s death. Such policies are not restricted to older people and can ...
Insurance Bond: A Tax Deferred Investment
An insurance bond is a type of life assurance policy that has one single premium and is used as a tax free investment vehicle in countries such as U.K. After the introduction of unitized insurance funds such bonds are called unit linked bonds or investment bonds. An ...
Corporate Owned Life Insurance: Nothing Personal
Corporate owned life insurance (COLI) is taken out by a company for their employees; however the death benefit goes to the company instead of any relatives or family members of the insured. Many companies took advantage of such tax-free insurance policies in order to provide coverage ...
Term Life
Return Of Premium Term Life Insurance : Better “Terms”
Return of premium term life insurance is a type of term life insurance that solves the inevitable dilemma that a term life policy presents. In traditional term life policies, the amount of premiums is non refundable and once the term expires, the policyholder is left with ...
Cost Of Living Rider: Advantages
The cost of living rider is a rider to life insurance or disability insurance which counterbalances and keeps up the value of the policy at par with the cost of living. This means that as time progresses and the value of money drops (inevitably) the insurance ...
Group Term Life Insurance: The Frugal Alternative
Group term life insurance is a type of insurance policy that covers numerous people at one time. As the name itself suggests an insurance policy that is taken out on a group of people in order to reduce the risk is called group term insurance. The ...
Endowment Insurance Policy
An endowment policy is a contract that pays a lump sum amount in the event of death of the insured or after ‘maturity’ of the contract. Endowment policies are usually unit linked ones and are not very flexible in nature. The maturity period of such policies ...
Decreasing Term Life Insurance
Decreasing term life insurance is a type of term life insurance. It is different from a level term insurance, which guarantees a fixed payout if you pass away or if you are detected with a serious disease or disability as defined by the policy. As an ...
Level Term Insurance
Level term insurance is a sort of life insurance that provides steady coverage over a specific period of time. The face value of a level term policy stays the same for the period of the time selected. Life insurance terms can be from one year to ...
MOST POPULAR - OPINION
- Adjustable Life Insurance: A Flexible Option
- Child Life Insurance: The Paradox
- Preneed Life Insurance Policy
- Unit Linked Life Insurance Plan
- Insurance Bond: A Tax Deferred Investment
- Insurance Underwriting: Risky Business
- Return Of Premium Term Life Insurance : Better “Terms”
- Corporate Owned Life Insurance: Nothing Personal
- Life Annuity And Insurance
- Senior Life Insurance: Various Options
