Life Insurance Quote Definition
Source(Google.com.pk)Definition of 'Life Insurance'
A protection against the loss of income that would result if the insured passed away. The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured.
Investopedia explains 'Life Insurance'
The goal of life insurance is to provide a measure of financial security for your family after you die. So, before purchasing a life insurance policy, you should consider your financial situation and the standard of living you want to maintain for your dependents or survivors. For example, who will be responsible for your funeral costs and final medical bills? Would your family have to relocate? Will there be adequate funds for future or ongoing expenses such as daycare, mortgage payments and college? It is prudent to re-evaluate your life insurance policies annually or when you experience a major life event like marriage, divorce, the birth or adoption of a child, or purchase of a major item such as a house or business.
Related Definitions
Free Look Period Accumulation Option Equity-Indexed Universal Life Insurance Variable Life Insurance Policy Second-To-Die Insurance Term Life Insurance Permanent Life Insurance Life Annuity Company Owned Life Insurance - COLI Adjustable Life Insurance
FXCM -Online Currency Trading Free $50,000 Practice Account
Articles Of Interest
Can I Get Life Insurance?
Find out what you can do to get the coverage you need for the right price.
What You Need To Know About COBRA Health Insurance
We go through everything you need to know about COBRA so that you can decide if it's right for you.
Beginner's Guide To Auto Insurance
Find the perfect policy that suits both your coverage and budgetary needs.
5 Insurance Policies Everyone Should Have
Insurance policies come in a wide variety of shapes and sizes. Shop carefully and the right policies will go a long way towards helping you protect your assets.
Understanding Your Insurance Contract
Learn how to read one of the most important documents you own.
5 Disastrous Financial Moves We Can't Seem To Avoid
These money errors are all too common. Make sure you know how to avoid them.
5 Life Insurance Questions You Should Ask
Confused about $1 million dollar insurance advertising claims? Decide whether they'll pay off for you.
Preparing Finances For Deployment: A Guide For Service Members
Those who follow the instruction in this article can look forward to a homecoming of financial prosperity.
How To Avoid Taxation On Life Insurance Proceeds
Decrease the value of your taxable estate and prevent the tax man from getting you one last time.
Life Insurance: How To Get the Most Out Of Your Policy
There are many benefits to owning a life insurance policy - if you get the right one for you.
Life Insurance Quote
 |
| Life Insurance Quote |
 |
| Life Insurance Quote |
 |
| Life Insurance Quote |
 |
| Life Insurance Quote |
 |
| Life Insurance Quote |
 |
| Life Insurance Quote |
 |
| Life Insurance Quote |
 |
| Life Insurance Quote |
 |
| Life Insurance Quote |
 |
| Life Insurance Quote |
No comments:
Post a Comment