Monday , January 11 2021

Life Insurance

Term or Universal, Which to Choose : Life Insurance

Life insurance provides many necessary benefits to individuals and families, and it is an important part of a good solid overall financial plan. In the event of a person’s death, a policy can provide numerous benefits to loved ones, including paying off debt, covering funeral and other related expenses, making …

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Why Do You Need Life Insurance?

Not everyone needs life insurance, it’s true. If you have no family or dependents then right now you do not need it. Once you have bought a house, got married, and start a family you will definitely need insurance – well, to be accurate you don’t need it, your family …

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Instant Life Insurance Is Meant For Those

Instant is the watchword of the present generation – instant food, instant communication with cell phones, or instant information on the Internet. In such a world, it was only expected that before long instant insurances policies will be introduced. This is meant to help people get insurance policies quickly without …

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Whole Life Insurance Policies

Whole life insurance is an excellent life insurance plan because it remains in force throughout the life of the policyholder. This life insurance plan requires premiums to be paid every year. Whole life cover policies are also capable of providing lifetime death benefit coverage for a particular premium level. The …

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Basics of an Irrevocable Life Insurance Dynasty Trust

For US persons, an irrevocable life insurance trust (ILIT) is arguably the most efficient structure for integrating tax-free investment growth, wealth transfer, and asset protection. An ILIT comprises two main parts: (1) an irrevocable trust; and (2) a life insurance policy owned by the trust. An international (or offshore) ILIT …

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Is Your Life Insurance Really Life Assurance

You have to plan insurances intelligently to make sure that your dependents are looked after and you can stop worrying about their financial security after your death. Your financial resources can be sufficient for the dependents but after you are gone for good it could be difficult for them to …

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What Is Term Life Insurance?

Term life insurance is, put simply, a financial package designed to protect those who depend upon you for monetary support in the event of your passing. Term insurance is guaranteed level-premium insurance, where the premium you pay is guaranteed to be the same for a given period of years. Term …

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