Web Results


Term life insurance is the easiest life insurance to understand: It provides death benefit protection without any savings, investment or cash-value components. Term life insurance is available for set periods of time such as 10, 15, 20 or 30 years. With "annual renewable term life," your policy automatically renews and premiums increase each year.


Find out more life insurance 101 basics in getting life coverage as a senior citizen. Making a Decision. Now that you’ve learned the basics with this life insurance 101 guide, it should be easier for you to make a decision about what type of coverage you should get.


Types of Life Insurance. There are two major types of life insurance—term and whole life. 1. Term Life Term insurance is the simplest form of life insurance. It pays only if death occurs during the term of the policy, which is usually from one to 30 years. Most term policies have no other benefit provisions.


Learn all about the basics of Life Insurance to help you understand life insurance & feel confident when buying your first life insurance. Learn all about the basics of Life Insurance to help you understand life insurance & feel confident when buying your first life insurance.


A look at the basics of life insurance, including what types there are, who should buy it and problems to watch for.


A life insurance policy is a contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured's death. Typically, life insurance is chosen based on the needs and goals of the owner ...


Get the basics on the life insurance policy that pays you back. Options and riders. Extend and enhance your life insurance coverage. Family insurance. Protect your whole family with one policy. Estate planning. Learn the basics of life insurance and estate planning. Servicing Your Policy


Life insurance may be divided into two basic classes: temporary and permanent; or the following subclasses: term, universal, whole life, and endowment life insurance. Term insurance. Term assurance provides life insurance coverage for a specified term. The policy does not accumulate cash value.


Temporary. Permanent. Universal. Whole. There are a lot of types of life insurance, but the basics are relatively the same. Start here if you don't have life insurance - and depending on where you are in life, why don't you?


Life and health insurance licenses are two of the most basic licenses you can attain. With these licenses, you can sell life insurance, and health insurance, but that should be obvious! Check out what it takes to get these licenses.