All Articles Tagged With "Term Life"

Return Of Premium Term Life Insurance : Better “Terms”
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 ...

Mortgage Life Insurance Cover
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: 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 ...

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 that the company will face and whether the insured is eligible for insurance. It is ...

Endowment Insurance Policy
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

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 ...

Term Life Insurance: Pros and Cons
Term Life Insurance: Pros and Cons

Term insurance is short term in nature and provides protection for usually one year. This is the cheapest form of insurance that is available albeit the catch is that you do not get anything if the term expires. This type of insurance can be renewed periodically ...