Life Insurance

Monday, March 20, 2006

What Is Life Insurance?

In my first content post, I want to provide you with the most important topic; what is life insurance?

What Is Life Insurance?

Life insurance is defined in the websters dictionary online as "insurance providing for payment of a stipulated sum to a designated beneficiary upon death of the insured."

It basically means that the life insurance will last only a specified period of time, after which the insurance will cease. If the insured were to die, or fulfill any other requirements (such as a critical illness in a critical illness policy) then the full insurance sum would be paid out.

8 Comments:

  • At Sunday, 09 July, 2006, Blogger andy said…

    Good understanding about life insurance. You can also read more about what is life insurance on Understanding Life Insurance.

     
  • At Sunday, 29 January, 2012, Blogger Adam said…

    Life Insurance helps you to live your life with high spirits with peacefully minds eliminating the concern of how your loved ones will face financial problems after you. Life insurance is the only solution for this problem. In other words the insurance companies are a financial problem solver for people.So what am I waiting for to have a choice form top 10 life insurance companies in NY.

     
  • At Friday, 17 February, 2012, Blogger Michelle Custodio said…

    Thanks for the information on life insurance. It is a very important thing to have especially with the current situation now, where we aren't sure what tomorrow would bring. Be secured, have Austin life insurance.

     
  • At Sunday, 01 April, 2012, Blogger odor said…

    Life insurance is a very important factor when it comes to thinking about the future...
    ביטוח מנהלים

     
  • At Tuesday, 01 May, 2012, Blogger Patrick said…

    Life insurance is the matter of securing future in case of any misshapenness or if some unusual event occurs, due to this reason life insurance is must necessary thing in such a dramatic life. www.everydaylifeinsurance.org

     
  • At Friday, 06 July, 2012, Blogger Sizzling LEO said…

    now-a-days there is a huge number of such
    companies who providing very expensive policies which can only be acquired the
    rich persons. So there is a need for a person to find such policies which are
    available for the convenience of the people who can only bare Affordable Life Insurance policies.

     
  • At Friday, 06 July, 2012, Blogger Sizzling LEO said…

    now-a-days there is a huge number of such
    companies who providing very expensive policies which can only be acquired the
    rich persons. So there is a need for a person to find such policies which are
    available for the convenience of the people who can only bare Affordable Life Insurance policies.

     
  • At Tuesday, 10 July, 2012, Blogger Patrick said…

    Term life insurance is the simplest form of life insurance. Term life insurance provides protection for a specific period of time. It pays a benefit only if you die during the term. If you live beyond the specified term, the policy expires without value. It is sometimes called temporary life insurance.

    "Every day Life Insurance" provides all of these benefits.

     

Post a Comment

<< Home