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Life Insurance

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ShelleyM
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Life insurance is good for the life and after life. It gives you freedom of life without any tension. Before taking any insurance plan calculate your over all that how much you want to invest for your insurance and take a detailed look on the plans of life insurance companies then choose a right plan.
Post Fri Sep 21, 2012 6:16 pm
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SherryCorndell
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There are several different types of life insurance out there - term, whole life, universal life, etc...

How much of a financial burden you're going to experience while you have your policy will depend on how much your premium is - which is determined by the type of policy, the amount of insurance you have, your age and your health.

Not every company requires an in home medical exam and it is always a good idea to ask about the underwriting process - will they be requesting medical records from your doctor? are there certain "knock out" questions on the policy where if you answer yes your are automatically denied coverage? Hopefully whoever you talk to will offer this information without having to ask for it.

"Life insurance is not for us, its for those we leave behind."

Everyone should have some type of life insurance in place - whether you have a family or not when something happens to you someone will be responsible for paying your final expenses and you certainly wouldn't want your family "passing the hat" at your funeral because they can't afford to pay for it.

The younger you are when you get it the better. Depending on what your short and long term goals are will determine the type and amount of insurance you need or should get.

There are a lot of different insurance companies out there and usually there is a little something different about one company's policy and the other company's policy. It's always a good idea to buy insurance from an agent who represents more than one company so they can look for the best price and policy for you. Always make sure the agent you are sitting with is listening to you and can answer all of your questions or in the least get answers for you.
Post Mon Oct 22, 2012 1:58 am
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SherryCorndell
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quote:
Originally posted by ShelleyM
Life insurance is good for the life and after life. It gives you freedom of life without any tension. Before taking any insurance plan calculate your over all that how much you want to invest for your insurance and take a detailed look on the plans of life insurance companies then choose a right plan.




LifeHappens.org offers a free life insurance calculator on their website
Post Mon Oct 22, 2012 2:01 am
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jamessmith01
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I think life Inshorance Is Fine For Every Person...
Post Mon Jan 28, 2013 4:51 am
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Swapnil
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Life Insurance means covering the risk of any damage or loss of life due to any fatal incidents like death due to deadly disease or accidents etc. When a person takes out life insurance he gets the sum of money insured at the maturity of the period or in case the damage occurs to the life of individual whichever is earlier.
According to me taking out life insurance policy is beneficial for every individual as it covers the risk of loss or damage to self or spouse or children on whose name the policy is taken.
Post Fri Mar 08, 2013 5:21 am
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