Category: Insurance Type

Study Guide To Buying The Best Low Cost Life Insurance Plan

Buying life insurance can be confusing for the average person. Therefore, it is important to know how much insurance you need and get it at a competitive price. Determine Your Needs When buying life insurance, you must consider what your needs are. If you are married and have children, you want your family to be taken …

How Does General Liability Insurance For Small Business Work?

Running a small business should not be threatened by a lack of insurance. Things can happen to a business that will close it down, simply for a lack of general liability insurance. Every Business Needs Insurance There are differing components of general liability insurance and some form should be purchased before a business opens its doors. …

Travel Insurance: Annual Or Single Trip Cover?

Travel insurance should be considered essential. Wherever you are travelling to, whatever you are doing, there is always a chance something could go wrong. Each year, around 25% of travellers go away without adequate cover, risking big bills if something unexpected was to happen. Making the decision to buy travel insurance may be easy, but there …

Insurance For Your Best Friend

We have insurance for our cars, our homes, our lives and even our debts; but what about the furry members of our family? Because no NHS type scheme exists for animals, the cost of vet fees and medications can skyrocket if adequate precautions aren’t taken in the form of pet insurance. Statistically, there are more claims …

Saving Our Old Days with Life Insurance Annuities

With the advances in medicine, people are living longer. As a result, they need a way to have retirement funds. Annuities provide Social Security and individual retirement accounts. They are offered by life insurance companies and are similar to mutual funds, but with tax benefits that make them attractive. However, they take many different forms and …

The Benefits of Term Life Insurance

In our life, we often experience unexpected things like death, or disability due to an accident. To deal with this emergency unexpected condition, we need an Insurance as it will guarantee our needs of life in such a condition. If we don’t have an insurance, we will either risk our critical condition of life like being …

Variable Universal Life Insurance and its Protection

Variable Universal Life Insurance (VUL) is a type of life insurance that builds cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to use is entirely up to the contract owner. The ‘variable’ …

Variable Life Insurance And Its Benefits

Variable life insurance is a permanent life insurance policy with an investment component. The policy has a cash value account, which is invested in a number of sub-accounts available in the policy. A sub-account act similar to a mutual fund, except it’s only available within a variable life insurance policy. A typical variable life policy will …

Life Insurance Costs

Life insurance costs can appear strange and also weird–not to mention dull and irritating–to most of the people. Life insurance is a product or service most people dislike thinking about not simply because it can seem to be so boring but since it requires these to think of death–typically their unique. Yet it will be possible …