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Cheap Health Insurance rates and personal health insurance.
If you've been out of school for a couple of years or perhaps just graduated from college, you're probably a candidate for cheap health insurance. Once a person reaches a certain age they're no longer covered by their parents health insurance...
Disability income insurance can meet all your financial needs
Disability income insurance can cover you in the event of a severe accident or illness but, it really depends on how much disability income insurance you purchase as to whether or not it will be able to meet all of your financial needs. The greatest...
Moneynet blasts high street travel agents for exorbitant insurance premiums
Moneynet blasts high street travel agents for exorbitant insurance premiums * Holidaymakers taken for a ride with ‘extortionate’ high street travel insurance premiums * Single trip premiums not regulated by FSA – consumers vulnerable * Buying...
What Does Buildings Insurance Cover?
You will find that your lender will insist that you have this cover when you take out a mortgage. The lender, remember, owns your home until you have paid off the mortgage. However, because they don't live in it, you are responsible for it, thus you...
What Is Health Insurance?
Health insurance is simply protection of the person or group insured against financial loss from illness or injury. Can you live without it? Probably. Should you? The answer depends upon whom you ask.
Like other forms of insurance, you don't need...
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Life insurance-features and objectives
The life insurance is conceived to protect people dependent on one from the financial losses that such people would incur in case of one’s death. The life insurance policy has become a fundamental part of sound financial owing to its association with investments, retirement plans and plans for real estate. Nowadays, various life insurance products are available. Each one is designed to fit certain unique circumstances and satisfy individual needs.
Two main kinds of life insurance are there:
i)Term insurance: This does not accumulate cash value and this is issued in order to cover the life of the insured person for a specific period of time only.
ii)Whole life insurance: These do accumulate cash value and are issued in order to cover the insured persons throughout their lifetime. The life insurance contract comprises of several rights and the person entitled for exercising these rights during the lifetime of the insured is the owner of the insurance policy. The following are the most
common of these rights: designation of beneficiary, selection of settlement options, assigning of policy benefits, transfer of ownership, making policy loans and exercising policy of cash surrender.
The key purpose of life insurance is to provide security to one’s dependents in the event of one’s death. The family of the person insured will be protected from the risk of ruin due to financial crisis. It serves a two-fold purpose:
i)Protecting one’s dependents with the monetary assistance to meet or settle one’s financial obligations.
ii)Providing funds for covering the loss of income (of family or dependents) resulting from one’s death.
About the Author
Author: S.M
http://lifeinsurancepad.com/
http://lifeinsurancepad.com/life-insurance-information.htm
http://lifeinsurancepad.com/why_us.htm
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