All Articles Tagged With "life insurance"

Stranger Originated Life Insurance
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 insurance has drawn criticism since ...

Child Life Insurance: The Paradox
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 ...

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 ...

Insurance Bond: A Tax Deferred Investment
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 ...

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 ...

Variable Universal Life Insurance
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 and bonds just like in ...

Insurance Underwriting: Risky Business
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 the evaluation of the risk ...

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 ...

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 ...

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 ...