How Do Employer Paid Life Insurance Premiums Work?

How Do Employer Paid Life Insurance Premiums Work?

Insurance came into its own as a financial instrument in early nineteenth-century Scotland. The first insurance fund invested in equities and financed by premiums paid by the holders of policies was called the Scottish Widows Fund Life Assurance Society, and it was meant to pay for the expenses of widows, sisters and daughters of the … Read more

What Is An Ownership Clause In A Life Insurance Policy?

What Is An Ownership Clause In A Life Insurance Policy?

Be Sure That Your Family Members Are Taken Care Of By Purchasing Life Insurance Although a scary thought, it is important that you take the proper previsions to ensure that your family members are financially secure if you were to pass unexpectedly. Insurance companies sell life insurance policies for just this purpose. With a life … Read more

What Is A Convertible Term Life Insurance Plan?

What Is A Convertible Term Life Insurance Plan?

Convertible Term Life Or Whole Life Convertible Term Life insurance allows the insured to change the face value from term coverage to whole life coverage. Most policies have this availability, allowing the insured to extend their coverage needs with the changing of their life’s circumstances. Convertible term life insurance is typically purchased by young, healthy … Read more

What Is The Cheapest Kind Of Life Insurance?

What Is The Cheapest Kind Of Life Insurance?

The majority of individuals realize how important it is to maintain an acceptable amount of life insurance in order to protect their family, but a common misconception is that all coverage is expensive and difficult to afford. The fact of the matter is that it is quite possible for consumers to purchase adequate protection if … Read more