All Articles Tagged With "insurance"

Service-Disabled Veterans Insurance
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 as well as term plans. The maximum face value for such insurance is $10,000 and the applicant needs to fulfill ...

Senior Life Insurance: Various Options
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 their loved ones with funeral and other related expenses when they die. A senior life insurance ensures ...

Adjustable Life Insurance: A Flexible Option
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 changed according to the needs and circumstances by the policy holder. This makes these policies similar to variable life insurance. ...

Corporate Owned Life Insurance: Nothing Personal
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 ...

Unit Linked Life Insurance Plan
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 time. This value is also called net asset value or NAV. NAV is calculated by deducting the ...

Whole Life Insurance: Types
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 to be term insurance. This did not go well with the majority of people who had nothing ...

A Valued Policy: An Overview
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 value of the property that is involved is. Life insurance policies are quintessentially valued policies; however valued ...

Life Settlement Fund: A Better Alternative
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 life settlement fund could refer to several numbers of institutional financiers who procure life insurance policies from ...

Universal Life Insurance
Universal Life Insurance

Universal life insurance is a type of permanent life insurance that builds cash value and this cash value is credited each month with an interest. The interest rate is determined by the insurer or is linked to a financial index. However the policy is debited each ...

Life Insurance Trust
Life Insurance Trust

A life insurance trust is one which is non-revocable and cannot be changed once it is started. The trust acts as the possessor and the receiver of the profits from one or more life insurance policies. In the event of the death ...

Decreasing Term Life Insurance
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 ...

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