If you already possess a life insurance policy, it is possible for you to get extra coverage to supplement the actual policy .This helps your dependents even in the absence of you to eek out a proper living. Sometimes the actual policy money may not be sufficient for them to meet the expenses. Thus this supplemental life insurance gives extra financial...
Wednesday, February 27, 2008
Universal Whole Life Insurance Policies
Post under
Life Insurance
This is a very flexible type of insurance policy, which allows for a change in death benefits every year. It is also based on the chances of risks. In addition this policy also charges for all insurance related expenses from your account on the basis of the changing economic trends. Incase you do not paid sufficient money to meet the demands of this...
Can I expect return on investment beyond protection?
Post under
Life Insurance
If you need protection throughout your life, then you have to be prompt in paying your premium .This is what whole life insurance premium says. In return you can use the amount from your insurance for future investments or other unforeseen key expenses. There are two kinds in whole life insurance. They are ordinary whole life insurance policies and...
The Features of Joint Life Insurance
Post under
Life Insurance
DividendsMost joint life insurance policies earn dividends from the premiums being paid by policyholders. These dividends can be used to reduce premium payment or it can be left to accumulate with interest. It can also be received in cash, should the policyholder opts for that. LoansMost policies allow holders to borrow from the cash value of their...
Joint Life Insurance - No Extra Benefits for You Here
Post under
Life Insurance
oint life insurance policies are policies that enables two individuals to be protected, but the full value of the policy is paid only once at the time of either insurer's death. This is also referred to as the joint first to die clause. Spouses, children, or even a business partner will benefit from a survivorship life insurance policy. Spouses is...
Getting Return of Premium Insurance Coverage
Post under
Life Insurance
Not every life insurance company offers return of premium coverage. Typically, it is still a new service, and only the best life insurance companies are offering it at this point. If you want to delve into the world of ROP life insurance, start by getting a return of premium life insurance quote from several companies. Choose the company that has the...
Has Return of Premium Life Insurance (ROP) Come to Stay?
Post under
Life Insurance
Life insurance is a gamble. If you die, your family benefits, but of course, you don't want to die! If you do not die, you are out all of the premiums you paid! Not with return of premium life insurance! With return of premium term life insurance, you are no longer risking losing all of those monthly premiums that you pay! What is Return of Premium...
Truth About Viatical Life Settlement Companies
Post under
Life Insurance
A viatical life settlement company normally gets involved with bids when a viatical settlement agent bids the life insurance policy on the terminally ill contact individual. The package that is usually sent out for bids contains the life insurance policy terms, As well as the medical prognosis of the terminally ill individual. The vertical life settlement...
Is the seller of life settlement sure to die? Viatical Settlements
Post under
Life Insurance
If one were to look from the perspective of an investor, purchasing a viatical settlement is much akin to buying a bond with a negative valued coupon and dubious redemption date. This is due to the fact that the return of the viatical settlement chiefly depends on the life expectancy of the seller-when he or she becomes deceased. Viatical SettlementA...
Are you hard pressed for the premium money?
Post under
Life Insurance
Often you will find it difficult to pay the policy amount owing to the other pressing expenses. On such occasions you don't have to worry .Here is a kind of insurance that has got the flexibility to change the policy amount even after entering a policy for different amount. Have a look at this policy in the article.The article covers What is universal...
Variable Universal Life Insurance - Flexibility at its Best?
Post under
Life Insurance
Variable universal life insurance has tax advantages to policy holders. The investment earnings of the policy are tax free, as long as the policy is in place. Also, the death benefit can be played income tax free if paid correctly. And, after ten years, the policy earns FIFO withdrawal status. Taxes tend to one of the main reasons that people who are...
Saturday, February 9, 2008
Renter's Insurance
Post under
Renter's Insurance
Renter's InsuranceRenter’s Insurance is an adjustment of a homeowner’s insurance policy that covers rented properties. It consists of two main components: liability coverage and personal property coverage. It is not expensive – the average renter can get complete coverage for a couple of hundred dollars or less a year. It is going to protect you from...
Hurricane Insurance
Post under
Hurricane Insurance
Hurricane Insurance is an insurance that covers loss resulting from hurricane damage.A hurricane is a tropical storm with winds that have reached a constant speed of 74 miles per hour or more. Hurricane winds blow in a large spiral around a relative calm center known as the "eye." The "eye" is generally 20 to 30 miles wide, and the storm may extend...
Marine Insurance
Post under
Marine Insurance
It can be defined as under: “Marine insurance business means the business of effecting contracts of insurance upon vessels of any description, including cargoes, freights and other interests which may be legally insured in or relation to such vessels, cargoes and freights, gods, wares merchandise and property of whatsoever description insured for any...
Top things that will affect your car insurance premium
Post under
Car Insurance
Here are the top things that will affect how much money your car insurance is costing you:Your driving recordIf you have a bad driving record you are going to be putting out more money for your car insurance each month. The longer you go without having an accident the lower your car insurance rate will get.Want to put more people on your policy?Adding...
Why does your Car Insurance cost what it does?
Post under
Car Insurance
The cost of car insurance doe not seem even a little bit fair these days does it? Nope. It seem so random, you will find that it differs from person to person, even if they drive the same car? How is that possible? Car insurance should cost the same for everyone right?Wrong. Why should those with good clean driving records pay the same amount of money...
Car Insurance - Section Home
Post under
Car Insurance
Car Insurance typically called Auto Insurance protects the policy owner against financial damages in case of an accident. Accidents big and small happen each day right from a small stone hitting your windshield to a massive rollover which gives your car the status of being totaled. There are many components you need to understand about your Car Insurance...
Assumption reinsurance
Post under
Reinsurance
Assumption reinsurance is a form of reinsurance whereby the reinsurer is substituted for the ceding insurer and becomes directly liable for policy claims. This ordinarily requires a notice and release from affected policyholders. In the more typical reinsurance arrangement, the reinsurer has an obligation to indemnify the ceding insurer, which remains...
Financial reinsurance
Post under
Reinsurance
Financial reinsurance, also known as fin re, is a form of reinsurance which is focused more on capital management than on risk transfer. One of the particular difficulties of running an insurance company is that its financial results - and hence its profitability - tend to be uneven from one year to the next. Since insurance companies want, above all...
Types of Reinsurance
Post under
Reinsurance
ProportionalProportional reinsurance (mostly known as quota share reinsurance) is where the reinsurer takes a stated percent share of each policy the insurer writes and then shares in the premiums and losses in that same proportion. The size of the insurer might only allow it to write a risk with a policy limit of up to $1 million, but by purchasing...
Functions of Reinsurance
Post under
Reinsurance
Protecting against catastrophic events is only one kind of reinsurance. There are many reasons an insurance company will choose to reinsure as part of its responsibility to manage a portfolio of risks for the benefit of its policyholders and investors. Risk transferThe main uses of reinsurance are to allow the ceding company to assume individual risks...
Reinsurance
Post under
Reinsurance
Who benefits from reinsurance?Reinsurance is about the consumer and the insurance company both. Everyone benefits from reinsurance in a big way.Reinsurance for the insurance companyReinsurance is the only thing that allows insurance companies to take such big risks. It is this reinsurance that allows them to insure as much as they often do. Without...
Insurance Claims Training
Post under
Insurance Training
When it comes to insurance claims training there are a few important things that you need to keep in mind. First of all you need to take some time to decide what kind of training you need exactly. Not everyone needs the same kinds of insurance claims training programs. If you have a history in the insurance industry you may only need to take some continuing...
Post under
Insurance Brokers
What is a captive or contract insurance broker?If you want to get insurance then you will probably choose to meet with an insurance broker. This broker or agent will help you to determine what kind of insurance is right for you and your family. There are a couple of different kinds of agents out there. You will find some insurance brokers that are...
Types of Flood Insurance
Post under
Flood Insurance
Types of Flood Insurance Coverage availablePolicies are available in three forms: General Property, Dwelling and CondominiumsAll policies have deductibles for both building and contents coverage, incase you purchase contents coverage.ExclusionsWalkways, driveways, patios, Contents in basements are not covered with a few exceptions such as dryer, freezer...
Flood Insurance - Information and Resources
Post under
Flood Insurance
Flood insurance provides compensation for physical property damages due to flooding. To be a little precise it provides insurance for damage caused due to overflowing water bodies. in most countries there is the concept of flood hazard zones and in most developed countries there is a mandatory requirement to get Flood Insurance for property in the...
Subscribe to:
Posts (Atom)