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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 ...

 

Accidental Death and Dismemberment Insurance

Accidental death and dismemberment insurance (AD&D) is offered through a policy that pays additional benefits in case of a non work related accident. In the ...

Stranger Originated Life Insurance

A stranger originated life insurance (STOLI) is one which is taken out by a person who has no relationship to the insured. Such type of ...

Service-Disabled Veterans Insurance

The Service-Disabled Veterans Insurance started in 1951 to meet the insurance needs of veterans with service related disabilities. This insurance is available in many permanent plans ...

Servicemembers’ Group Life Insurance

Service-members’ Group life insurance (SGLI) is a life insurance policy in the United States that is made available to all active duty service members and members ...

 

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, ...

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 ...

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 ...

Viatical Settlement: The Last Option

A viatical settlement is a life insurance policy sold pre-maturely to a third party which then pays an amount to the policy holder that is greater than the cash ...

Senior Life Insurance: Various Options

Senior life insurance can be of great importance to people who have crossed the age of 50 or 65. This is because many people do not want to burden ...

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. ...

 
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