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Mortgage Life Insurance Cover

Mortgage life insurance is nothing but an insurance policy that pays for the mortgage in case of your death. Since the mortgage payments can be very high, the burden of paying them is not borne by your family or spouse or your ...

 

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 ...

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 ...

Variable Universal Life Insurance

Variable universal life insurance (VUL) is one that builds cash value and operates very much like a mutual fund. The amount is invested in various stocks ...

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 ...

 

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 ...

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 ...

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 that point in ...

Whole Life Insurance: Types

Whole life insurance is one that which remains in force for the whole life of the insured person. The need for such insurance arose because all insurance policies used ...

A Valued Policy: An Overview

A valued policy is one in which the full face value of the policy is paid in the event of complete loss; it does not matter what the actual ...

Life Settlement Fund: A Better Alternative

Life insurance is one of the biggest industries on earth, and the life settlement fund is one of the newest manifestation or by-product of the developing insurance business. A ...