In some cases people may not be completely sure that taking life insurance is right for them. The reason for this is because you are looking at taking out a policy which you may never need if you do not die within the term of the plan, therefore you could pay out money and receive [...]
Posts Tagged ‘life insurance’
Life insurance covers the death of an insured individual by paying out the benefits of the insurance policy held in monetary terms.
Monday, October 24th, 2011It is better to keep within your affordability so that you can keep up with the insurance.
Saturday, October 8th, 2011When it comes down to personal insurances such as critical illness and life cover, often the critical illness side of this insurance is found harder to understand as there is a lot of information to be taken in. Although it is very good, proactive and potentially rewarding taking out a life insurance policy, it can [...]
My policy says i must have an insurable interest on my life insurance plan what is it ?
Friday, November 14th, 2008Insuranble interest is a very interesting area. It is defined as someone who is buying the policy wether it be life insurance or critical illness insurance has more to lose than to gain by insuring there death. The insurable interest part of the insurance regulations has been implemented to prevent an individual purchasing a policy [...]
I have got a mortgage do I need life insurance ?
Monday, November 10th, 2008Yes, life insurance is a form of protection insurance and these as there name suggests they are there to protect you against the worse happening. After all should you die your liaiblities ie your mortgage or loans will be passed as a liability to your next of kin. If you are married then your mortgage [...]
Do I really need Life Insurance ?
Friday, November 7th, 2008Life insurance is one of those things that many of us don’t have but really should have some cover. With it not being a legal requirement such as car insurance or as highly claimed on as contents insurance many of us do not bother with it. Life insurance is relatively inexpensive and it can make [...]