Honestly I don't think any particular company can sell an ideal life insurance policy to all.
Every individual has personal requirements which should be judged by that person himself.
With the help of a good insurance agent one may find one's suitable/ideal life insurance policy, after looking into several policies from different companies.
Posted: Sun Oct 16, 2011 04:04 am Post Subject:
Life insurance is something which is essential for most people. If we think of life insurance in other way, then it is basically a means or way to protect your loved ones in case anything happens to you. Basically an ideal life insurance policy will be covering all your beneficiaries’ monthly expenses. It should be reasonably priced and large enough to give a smooth transition period for the recipient to find a way to provide for them.
Posted: Mon Apr 23, 2012 06:23 am Post Subject:
One of the most efficient ways of researching various life insurance plans and policies available is to scour the internet. You can zero in on the best insurance coverage with the most affordable costs possible in just a few minutes.
Posted: Thu Jun 14, 2012 05:39 am Post Subject: Ideal life insurance
Life insurance policy is bought with the sole purpose of providing financial assistance to the beneficiary. The concept of an ideal policy differs from person to person. It is because, your family requirements are definitely going to differ from that of another family. Before you search out for an ideal policy, you need to find out about your requirements. Then shop around for an insurer that serves your needs at the most affordable rates.
Posted: Thu Jun 14, 2012 03:48 pm Post Subject:
Life insurance policy is bought with the sole purpose of providing financial assistance to the beneficiary.
Not true.
Some insurance companies and agents actively promote cash value life insurance for purposes completely oblivious to the needs of a beneficiary. While this is fundamentally contrary to the role life insurance has traditionally played -- which IS to provide for the needs of those who are left behind -- it is currently lawful.
However, once Congress realizes the potential lost tax revenue such schemes are promoting, you can bet that they will respond in knee-jerk fashion and wipe out some or all of the income tax advantages life insurance has enjoyed for many decades. That would be unfortunate, but necessary in order to restore life insurance fundamentals.
Posted: Thu Jun 14, 2012 04:56 pm Post Subject:
Life insurance can be purchased for more reasons than just protecting the beneficiary. These reasons don't have to have anything to do with cash value.
Ex. Joe wants to spend as much money as possible in his retirement. He also wants to leave $500,000 behind at death. Buying a life insurance policy may be done for the "selfish" reason of allowing him to spend more money while he is alive.
Ex. Charlie owns a business. He has a buy-sell agreement with a competitor. The insurance isn't to protect the beneficiary, his competitor. It is to protect his spouse.
Posted: Tue Jul 24, 2012 10:29 am Post Subject: Life insurance policy
The best way to get life insurance policy[link removed - Admin] is internet, by visiting websites of different insurers.
Posted: Thu Jul 26, 2012 07:10 am Post Subject:
Obtaining the right life insurance quotes- Obtaining life insurance quotes is not easy. For this you have to find the right amount of cover. The rule of thumb is seek out how much your life insurance plan benefits you want, multiply that amount ten to thirteen times of your income. If you have a stay at home parent or spouse, the cost of insurance cover includes cost of hiring people to run the house.
Additional Coverage- You may also need a life insurance policy that can cover your medical and funeral expenses. Also, life insurance policy can assist you in fulfilling child education or marriage dream. Not to forget, this policy will help you to pay out mortgage, so that you don’t leave your family in hands of unpredictability.
Posted: Thu Jul 26, 2012 11:15 am Post Subject:
the cost of insurance cover includes cost of hiring people to run the house.
This makes no sense. As for the rest of the post above . . .
it's usually best to work with an agent who can properly assess a person's/family's insurance needs. 10x-13x income is a crude measure and probably inaccurate in most cases.
Posted: Wed Oct 12, 2011 06:19 am Post Subject:
Honestly I don't think any particular company can sell an ideal life insurance policy to all.
Every individual has personal requirements which should be judged by that person himself.
With the help of a good insurance agent one may find one's suitable/ideal life insurance policy, after looking into several policies from different companies.
Posted: Sun Oct 16, 2011 04:04 am Post Subject:
Life insurance is something which is essential for most people. If we think of life insurance in other way, then it is basically a means or way to protect your loved ones in case anything happens to you. Basically an ideal life insurance policy will be covering all your beneficiaries’ monthly expenses. It should be reasonably priced and large enough to give a smooth transition period for the recipient to find a way to provide for them.
Posted: Mon Apr 23, 2012 06:23 am Post Subject:
One of the most efficient ways of researching various life insurance plans and policies available is to scour the internet. You can zero in on the best insurance coverage with the most affordable costs possible in just a few minutes.
Posted: Thu Jun 14, 2012 05:39 am Post Subject: Ideal life insurance
Life insurance policy is bought with the sole purpose of providing financial assistance to the beneficiary. The concept of an ideal policy differs from person to person. It is because, your family requirements are definitely going to differ from that of another family. Before you search out for an ideal policy, you need to find out about your requirements. Then shop around for an insurer that serves your needs at the most affordable rates.
Posted: Thu Jun 14, 2012 03:48 pm Post Subject:
Life insurance policy is bought with the sole purpose of providing financial assistance to the beneficiary.
Not true.
Some insurance companies and agents actively promote cash value life insurance for purposes completely oblivious to the needs of a beneficiary. While this is fundamentally contrary to the role life insurance has traditionally played -- which IS to provide for the needs of those who are left behind -- it is currently lawful.
However, once Congress realizes the potential lost tax revenue such schemes are promoting, you can bet that they will respond in knee-jerk fashion and wipe out some or all of the income tax advantages life insurance has enjoyed for many decades. That would be unfortunate, but necessary in order to restore life insurance fundamentals.
Posted: Thu Jun 14, 2012 04:56 pm Post Subject:
Life insurance can be purchased for more reasons than just protecting the beneficiary. These reasons don't have to have anything to do with cash value.
Ex. Joe wants to spend as much money as possible in his retirement. He also wants to leave $500,000 behind at death. Buying a life insurance policy may be done for the "selfish" reason of allowing him to spend more money while he is alive.
Ex. Charlie owns a business. He has a buy-sell agreement with a competitor. The insurance isn't to protect the beneficiary, his competitor. It is to protect his spouse.
Posted: Tue Jul 24, 2012 10:29 am Post Subject: Life insurance policy
The best way to get life insurance policy[link removed - Admin] is internet, by visiting websites of different insurers.
Posted: Thu Jul 26, 2012 07:10 am Post Subject:
Obtaining the right life insurance quotes- Obtaining life insurance quotes is not easy. For this you have to find the right amount of cover. The rule of thumb is seek out how much your life insurance plan benefits you want, multiply that amount ten to thirteen times of your income. If you have a stay at home parent or spouse, the cost of insurance cover includes cost of hiring people to run the house.
Additional Coverage- You may also need a life insurance policy that can cover your medical and funeral expenses. Also, life insurance policy can assist you in fulfilling child education or marriage dream. Not to forget, this policy will help you to pay out mortgage, so that you don’t leave your family in hands of unpredictability.
Posted: Thu Jul 26, 2012 11:15 am Post Subject:
the cost of insurance cover includes cost of hiring people to run the house.
This makes no sense. As for the rest of the post above . . .
it's usually best to work with an agent who can properly assess a person's/family's insurance needs. 10x-13x income is a crude measure and probably inaccurate in most cases.
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