Life insurance imputed income is a commonly used phrase. However, very few people understand what it means. For your information, it describes the value of benefit or service that the…
Life insurance policies secure your beneficiaries future by compensating them in the event of your death. Most insurance companies offer two types of life insurance; whole life policies and term…
The traditional, life insurance covered the primary breadwinner. But, the increase in the number of couples that are in gainful employment necessitated for cover for couples. This is where a…
A mortgage is a long-standing commitment, and it doesn’t die with you. If you pass on before it is paid off, someone has to take up the responsibility of paying…
Applying for a life insurance plan is recommended to individuals of all ages. As you grow older, the eligibility criteria for getting a life insurance policy become more stringent. Nevertheless,…
If you currently have term life or whole life insurance, have you ever wondered what would happen if you miss a payment? If you have been paying your premium for…
Life insurance is used to protect families in case the breadwinners die during their working years and is closely connected to retirement planning. Many people don’t truly understand the importance…
A life insurance policy is an agreement made by contract to an Insurance agency, where your heir(s) will be paid a sum of money if you die. Most insurance companies…
When we question the investment experts about whole life insurance as an investment we get a mixed set of reactions about it being good or bad! They have formed their…
Investing in a life insurance policy is going to be one of your wisest and most prized financial decisions. Although it is a major investment of one’s life it assures…