|
Inexpensive Life Insurance to cover your needs!
Adequate life insurance to cover your income producing ability is a product that is really needed today to give peace of mind. Life insurance was originally conceived to protect a man's family when his death left them without income. Over time is has developed into a variety of policy plans. In a "whole life" policy, fixed premiums are paid throughout the insured's lifetime; this accumulated amount, augmented by compound interest, is paid to a beneficiary in a lump sum upon the insured’s death; the benefit is paid even if the insured had terminated the policy. Under "universal life," the insured can vary the amount and timing of the premiums; the funds compound to create the death benefit.
With "variable life," the fixed premiums are invested in a portfolio (with earning reinvested), and the death benefit is based on the performance of the investment. In "term life," coverage is for a specified time period (e.g., 5-10 years); such plans do not build up value during the term. Annuity policies, which pay the insured a yearly income after a certain age, have also been developed. In the 1990s, life insurance companies began to allow early payouts to terminally ill patients. In other words, a policy holder with a grave illness could now access some of their life insurance funds to use as they choose.
We’ve searched all over the web and have located a few quality companies that we feel are not only financially sound and secure, but which also offer competitive rates. You don’t need to even sit down and visit with an agent, all the information gathering and work can be done over the internet.
Take a little time to look around and see what is available. You’ll find the best life insurance for your needs that will comfortably fit into your budget. Solid life insurance will give you peace of mind and confidence.
About the author:
Mike Yeager
Author/Publisher
http://www.a1-insurance-quotes-4u.com
DO YOU HAVE A INSURANCE SITE?
Want to trade links? Learn more - click here
See our list of recommended resources - click here
|
Stay Updated!
Be the first to know when I add a helpful resource to this site. Join our "Insurance Updates" mailing list
Please type your name and email address into the box below and click on the "JOIN" button.
We HATE spam. Your details will be kept strictly private and never shared with anyone. You may cancel your subscription at any time.
|
|
|
Home
News
Articles
Links
Material on this site is provided for information purposes only. It is not meant to be a substitute for professional advice. The information should not be used to diagnose or treat a health problem or disease, make investment and financial decisions, or to prescribe any medication. In case of doubt, promptly contact a qualified professional for advice.
Copyright © 1997-2006, All rights reserved. Privacy policy.
Text, graphics, and HTML code are protected by US and International Copyright Laws,
and may not be copied, reprinted, published, translated, hosted, or otherwise
distributed by any means without explicit permission. Legal notices
Guydz.com (TM)
2/28, O'Shanecky Street, VIC 3062
Fax : (612)-903 2671 E-mail : webmaster @ guydz.com
URL : http://www.Guydz.com/
|
|