Life Insurance

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PostPosted: Sat Jul 08, 2006 6:40 am   Post subject: Life Insurance  

Life Insurance

A contract under which a company agrees to pay a stated amount to the beneficiary or beneficiaries named by the insured. Pure or term insurance provides a death benefit but has no current value. Ordinary life insurance and the many variations thereof provide a build-up of current value as well as a death benefit.
lakemen
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lakemen
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PostPosted: Sat Jan 05, 2008 7:52 pm   Post subject:   

Term life insurance provides protection for a specific number of years, usually 1-30 years.

Level term life insurance offers rates and coverage that remain level for the entire term of the policy.

If you outlive the term insurance policy, your coverage expires.

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Learn how term life insurance works and compare free, instant term life insurance quotes at http://www.term-life-online.com
Hadley
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PostPosted: Sat Jan 05, 2008 8:01 pm   Post subject:   

We don't have much information on life insurance on the forum, wish some of our experts in this area would write up some good articles on this.
goodnatured
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