In the context of term life insurance, time matters. Why? Because term life insurance is premised on a period of time. It provides coverage for a set period of time, which, depending upon which term length you choose, can last until your kids are in college or your mortgage is paid off. When the term ends, so does your coverage, unless you choose to extend the term, usually at a higher premium. That makes selecting the right time period especially important. So with a 15-year life insurance policy, you’re looking to provide replacement income to your beneficiaries should something happen to you during the decade and a half that the policy is in force. In order to make the best decision for...
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In this article: Buying a life insurance policy online may seem foreign to some. But assuming you’re provided with the right tools, it can actually be quite easy to apply for a life insurance policy entirely online without setting foot in the office of an insurance agency or a medical examiner. By researching and applying for a term life insurance online, you can quickly and easily learn how much coverage you need, get an idea of how much the policy will cost, and start coverage that same day—all from the comfort of your own home. For those who prefer digital services, buying life insurance online can be a transparent, simple way to get financial protection for your loved ones. Here’s what...
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Hartford (Connecticut) De stad zelf heeft 121.578 inwoners (volkstelling 2000), maar met Hartfords uitgebreide voorsteden bereikt de hele agglomeratie Hartford een inwonertal van 1.183.110 (2000). De stad Hartford is de op twee na grootste stad van Connecticut (na Bridgeport en New Haven ). In 1930 werd daar het monumentengebouw A. Everett Austin House opgeleverd. Hartford is de "verzekeringshoofdstad" van de Verenigde Staten - een aantal grote verzekeringsmaatschappijen hebben er hun hoofdkantoor. Geschiedenis [ bewerken | brontekst bewerken ] Nederlandse en Engelse periode [ bewerken | brontekst bewerken ] Nadat de Nederlandse ontdekkingsreiziger Adriaen Block in 1614 het gebied...
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When you’re just getting married or having a child, the decision to purchase term life insurance is easy. You know you need financial protection, and you know you need it for a long time. But as you get closer to your financial goals, the question gets a little more nuanced. Do you still need life insurance coverage? And, if so, how much is enough? 10-year term life insurance policies can be a good fit for those who just need to bridge the gap. These individuals know they need life insurance coverage to protect their loved ones today, but know they won’t need it far into the future. And, choosing the right length for you instead of just opting for a more extended, potentially unnecessary...
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Chances are, you’ve come across the phrase “supplemental life insurance” during your employer’s open enrollment, or when you first joined a new company. It sounds simple enough, in terms of what the words mean. But it’s a little more complicated than that, which is why we’re here to help you figure out exactly what supplemental life insurance is, what the difference between supplemental life insurance and basic life insurance is, and most importantly, whether you need it. So let’s start here: What is supplemental life insurance and who needs it? Supplemental life insurance is the coverage you can purchase through your work in addition to the group life insurance they might already offer as...
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Types of Term Insurance Plans: Term insurance plans are basic and effective insurance plans are designed to give protection. To suit the various needs of the customers, these plans are further divided into categories with various features. Level Term Plans: This is the basic type of term insurance. In this plan, the sum assured under the policy doesn’t change. All the benefits are paid out to the nominee of the policyholder. Return of Premium Plans: This type of plans offers maturity benefit. As maturity benefits, if the policyholder survives the term, the insurer refunds the premium. Increasing Term Plans: In this type of term plans, the policyholder can increase the sum assured at an...
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HDFC Life launches term insurance policy Click 2 Protect Life According to the HDFC Life press release issued on 28 January said “The three options available in this plan has unique offerings. Especially the Income Plus option which acts as a means of regular income for individuals once they turn 60. One can choose the option that is best suited for their requirements." 1. Life & Critical Illness Auto-balance: This option will provide protection against critical illness (CI) and death by auto balancing life and CI cover with increasing age. In this option, the life cover decreases while critical illness cover increases proportionally, on each policy anniversary. In addition, on...
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