Life insurance terms to know

Glossary of Insurance Terms , Michigan Insurance Company

The information presented on this Glossary is not an insurance policy, declarations page or endorsement. This information is provided for general informational purposes only and does not alter or replace any insurance policy issued by us. Additionally, this information is not intended to fully set out your or our rights and obligations under any insurance policy issued by us. If you are one of our policyholders, you acknowledge your understanding that you must refer to the language of your insurance policy for the applicable agreements, terms, exclusions and conditions of coverage. ACCIDENT AND HEALTH INSURANCE: Coverage for accidental injury, accidental death, and related health expenses....

Continue reading...

rates-life-insurance.com
Overall rating page: 3 / 5 left 1323 people.

Posted by at

Tags: mortgage term life insurance, liability insurance, reliance life insurance, life insurance for elderly, whole life insurance quotes online free, auto ins, cheapest insurance, term life insurance online purchase, life help insurance, travel insurance

Crucial Insurance Terms Every Policy Owner Must Know

Crucial Insurance Terms Every Policy Owner Must Know Insurance terms and jargons make insurance a complicated subject for people who wish to purchase insurance, which is why they end up relying upon insurance agents for making a good decision. Come to think of it, when a person is not aware of the insurance lingo, this seems to be the only option to take a sensible insurance decision. With that said, is getting familiar with insurance glossary really that strenuous a task? If we were to have a say, then we would say “No, not at all”, and we mean it. The knowledge of the most basic insurance terms isn’t as herculean a task as it is made out to be, and can help you take a much wiser decision...

Continue reading...

rates-life-insurance.com

Posted by at

Tags: life insurance canada, best life insurance sites, insurance sales, 20 yr term life insurance, universal term life insurance, term insurance, reliance life insurance, term life insurance agents, best term life insurance companies, buy term insurance

Life Insurance: Know the Lingo Learning Hub

Life insurance: It’s an important financial topic, but many people just don’t understand it. At its most basic, it’s a way to protect your loved ones in the event of your death—in addition to preparing a will and implementing a financial contingency plan. So, it’s worth taking a little time to learn more about it. Different Types of Life Insurance The first thing to know is there are two general types of life insurance policies: term and permanent. As long as you pay your premiums, both come with a death benefit that will be paid to your designated beneficiaries upon your death. Term life insurance policies are valid for a set period of time, after which they expire. If you die within the...

Continue reading...

rates-life-insurance.com

Posted by at

Tags: best term life, best health insurance, l8fe insurance, cheap insurance quotes, short term life insurance quotes, which is better term or life insurance, small business health insurance, life insurance coverage, instant insurance life quote term, term life comparison

Common Life Insurance Terms and Definitions, Suncorp

Choosing the right life insurance policy for your needs isn't always straightforward, not just because it can be a big decision but because life insurance policies and their various terms can be overwhelming. That's why we've created this simple breakdown of the various terms you're likely to encounter when you start to compare life insurance options. The A-Z of Life Insurance terms Accident: an event which solely and directly causes injury as a result of violent, external and visible means. Automatic Indexation Benefit: helps keep the value of your insurance cover in line with inflation. Most insurers automatically increase the value of your insurance each year on your policy anniversary...

Continue reading...

rates-life-insurance.com

Posted by at

Tags: best term life policies, affordable life insurance quotes, compare term insurance policies, life insurance policy details, cheap life insurance quotes online, great west life insurance, unemployment insurance, life insurance for diabetics, how to apply for life insurance online, 20 year term insurance

Basic Life Insurance Terms Everyone Must Know, Reuters

When you go shopping, would you rather be knowledgeable or ignorant about some basic things that can help you make a smarter decision about buying the product? The answer is obvious. The same discipline and shopping habits should also be used when buying financial products such as Life Insurance. Here we share with you basic terms that everyone must be knowledgeable about, followed by an example to help you relate to these terms. 1) Insured: The insured is the person who life is being insured. 2) Nominee / Beneficiary: This is the person who will receive the policy proceeds in case of death of the insured. The owner of the policy designates the nominee but the nominee is not a part of the...

Continue reading...

rates-life-insurance.com

Posted by at

Tags: homeowner, life cover, new life insurance policy, low cost term insurance, online life insurance cover, insurance company, term life insurance rates for seniors, 30 year level term life insurance, auto insurance coverage, life insurance important terms

Life Insurance Terms To Know, Help for Cancer Patients, Life Credit

Understanding Key Terms in Your Life Insurance Policy The benefits of life insurance are innumerable — from the peace of mind you get knowing you can protect your loved ones in the future to the immediate financial assistance that a policy can generate in an emergency, such as through a Life Credit Living Benefit Loan. With so many advantages, however, comes complexity, as there are myriad policies and ways in which they can be maximized. To navigate that confusion, there are some life insurance terms to know that, once you’re familiar with, can build a foundation to help you determine the best way to buy and use life insurance. Life Insurance Terms to Know Dividends: If you have what is...

Continue reading...

rates-life-insurance.com

Posted by at

Tags: life assurance what is it, cheap term assurance, term life quotes comparison, erie insurance, variable life insurance quote, insurance carrier, auto insurance claim, rv insurance, cash value life insurance, life insurance what is it

The 10 Insurance Terms You Should Absolutely Know, From An Insurance Professional

7 Healthy Lifestyle Tweaks To Give Your Life More Structure This Fall 5 Ways Living With Intention Helped Me Learn To Finish Things I’ve Started 10 Underrated Job Skills You Probably Already Have “Treat Yourself” Mentality Destroyed My Self-Control. Here’s How I’m Getting... How I Work 60+ Hours A Week To Make Extra Money Without Losing My Sh*t You’re Not A Girlboss — You’re Just Trapped in An MLM Scheme I remember when I was a child, watching my favorite Pokemon or Spongebob Squarepants TV show, and intermittently an advert would come up for insurance. At this point, I would completely zone out and hear “blahblahblah ~ adult stuff ~...

Continue reading...

rates-life-insurance.com

Posted by at

Tags: new york life insurance company, health insurance quotes online, 20 year term life insurance quote, major medical insurance, critical life insurance, level term life, cheap whole life insurance, life insurance usa quotes, what is life insurance company, rental car insurance

Life insurance jargon buster

Cut through the jargon and get to know the most frequently used life insurance terms What is life insurance? Life insurance cover provides a lump sum payment upon your death to help cover your bills and support your family if you die within the policy term. Life insurance takes many forms, and as with any financial product some of the terms used can be confusing to those new to the subject. Our jargon buster aims to simplify some of the terms associated with buying a life insurance policy, so read on to learn more or get started by comparing life insurance quotes below. Compare life insurance Compare life insurance with Uswitch and get cover from just £5 per month* The beneficiary is the...

Continue reading...

rates-life-insurance.com

Posted by at

Tags: best 30 year term life insurance policy, 1 year term life insurance policy, 30 year level term life insurance rates, what is term life insurance, term life insurance vs whole life insurance, find car insurance, auto insurance ratings, benefits of term life insurance, hmo health insurance, life insurance cover for life

5 Things You Need To Know About Credit Life Insurance

You probably have life insurance, but what about credit life insurance? It’s not for everyone, and the premiums are higher than regular insurance. But, if you’re carrying a lot of debt it can prevent your family from having to pay off your debts after you pass away. Some lenders will require it, but depending on where you live, the insurance might not cover the full amount of your loans. Read on for the five things you need to know about Credit Life Insurance: 1. Credit life insurance is not life insurance Life insurance covers the policyholder and makes payouts to their survivors upon their death. Credit life insurance covers a large loan. It benefits its lender by paying off the...

Continue reading...

rates-life-insurance.com

Posted by at

Tags: life assurance quote, 30 year term life, cover life insurance, individual term life insurance, time life insurance, no exam life insurance, medical insurance companies, compare insurance, 1 year term life insurance policy, life cover insurance

How life insurance works, MetLife Insurance Bangladesh

Everybody knows what the ultimate purpose of life insurance is, but not many people in Bangladesh understand how exactly the coverage of a life insurance policy works. Common queries regarding life insurance policies How does life insurance work? What benefits will I get from my life policy with MetLife? What is life insurance? Understanding how insurance works Although the idea of protection behind life insurance is very obvious to the people of Bangladesh, the investment options and the possibility of creating wealth are not clear to everyone. Understanding the concept behind life insurance and how life insurance policy works can help to protect your family with wealth management and...

Continue reading...

rates-life-insurance.com

Posted by at

Tags: compare life insurance policies, 30 year term life insurance cost, cheapest term life insurance policies, whole life coverage, inexpensive life insurance, high risk life insurance, security life insurance, for life insurance, homeowners insurance, l8fe insurance