Valid until 31 January 2015 (unless noted)
Life insurance is the part of personal insurance, which relates directly to the individual. Life insurance functions as a protection for the Insured in case he or she dies, ill, or experienced an accident that resulted to the permanent disability. For example, if I hold a life insurance product and I die tomorrow, then the insurance company will guarantee to give money to people that I leave. Another example: Someone who experienced an accident that resulted to the permanent disability - he or she can not work anymore; this condition can affect his or her income. However such of these risks can be insured and there are many life insurance quotes. So what should be considered before accepting life insurance quotes?
We buy life insurance because we want to cover the potential loss of income. If I (as the backbone of the family) die, my family will lose a source of income. If I hold a life insurance, the family will be protected by insurance money that can be used as a substitute for the income lost, at least temporarily. Main factor in buying life insurance is an obligation (eg, debt). If someone does not have any obligations then he or she does not need life insurance. Children or baby do not need life insurance protection because they have not any obligations. People who already have money do not require a life insurance if they do not have a dependent and have no obligations. A person with no obligation to a third party does not need life insurance protection because if he or she die, does not feel that there is loss of earnings.
The need of insurance (amount of money) from life insurance could be different for each person, depending on the amount of insurance and liability. Basically, the money from life insurance must be sufficient to pay all debts, meet the education costs of children, and to maintain the lifestyle that the family left behind, at least for some time. Most of life insurance consumers make mistakes; they just trust the proposals from insurance agents who offer a product that usually does not match and the value insurance (money) is not sufficient. For instance, there is one family with two children and has debt worth 100.000 USD, but only taking a life insurance that has value only 30.000 USD. In this case, insurance will not be enough to help if something bad is happened to the family. It is not enough to redeem debt, plus the cost of education for their children.
I think "term life insurance" is the right choice to protect our family (if you are the source of fund for your family). Term life insurance is pure insurance product without investment supplements. If the Insured dies during the guarantee, then the left (family) will get the insurance money. If the Insured is alive at the end of the guarantee, the premium money will not be back. The premium money for term life insurance quotes and rates are relatively cheap.
We buy life insurance because we want to cover the potential loss of income. If I (as the backbone of the family) die, my family will lose a source of income. If I hold a life insurance, the family will be protected by insurance money that can be used as a substitute for the income lost, at least temporarily. Main factor in buying life insurance is an obligation (eg, debt). If someone does not have any obligations then he or she does not need life insurance. Children or baby do not need life insurance protection because they have not any obligations. People who already have money do not require a life insurance if they do not have a dependent and have no obligations. A person with no obligation to a third party does not need life insurance protection because if he or she die, does not feel that there is loss of earnings.
The need of insurance (amount of money) from life insurance could be different for each person, depending on the amount of insurance and liability. Basically, the money from life insurance must be sufficient to pay all debts, meet the education costs of children, and to maintain the lifestyle that the family left behind, at least for some time. Most of life insurance consumers make mistakes; they just trust the proposals from insurance agents who offer a product that usually does not match and the value insurance (money) is not sufficient. For instance, there is one family with two children and has debt worth 100.000 USD, but only taking a life insurance that has value only 30.000 USD. In this case, insurance will not be enough to help if something bad is happened to the family. It is not enough to redeem debt, plus the cost of education for their children.
I think "term life insurance" is the right choice to protect our family (if you are the source of fund for your family). Term life insurance is pure insurance product without investment supplements. If the Insured dies during the guarantee, then the left (family) will get the insurance money. If the Insured is alive at the end of the guarantee, the premium money will not be back. The premium money for term life insurance quotes and rates are relatively cheap.
37 comments:
this topic is very usefull for me thank's...
cintailah bahasa indonesia, kawan! :)
Thank you for the information.
HPK ya bang? senggol aaach... ;))
;) That is great information and i hope that ki ayese hi original post tum krte rhoge.
Thanks for sharing
may be sometimes I need insurance
Thx 4 visiting, man. Gave you one too.
hmm...nice article :D
usefull post,thanks
thx 4 the information
hey freind visiting u back .visit mine and share a comment
great topic.... :X
a well detailed article. good info for those looking for life insurance.
perfect post .. it's right? this post can help any people who wanna be bettef of life ..
tidak ramai mengerti kepentingan insuran nyawa untuk masa depan ahli keluarga mereka. diharap artikel ini bisa membantu kefahaman mereka terhadap insuran nyawa.
good job
hmmm, i think i need it too
nice info thanks ;))
nice article
hapi friday once again
good information brow
Nice post friends wants to more info ??
Trik Google adsense
Belajar marketing gratis
Mau Bisnis On Line
Mau Bisnis On Line
was here for you..thanks for dropping by..have a nice day ahead!!!
I'm coming my friend, how are you..?? Visit me back..!!
cool blog dude...
Nice Posting sob, thanks.
Good info nih. Thanks ya kunjungannya.
haved a nice day friend
good info, thx
Especially for people who are at high risk for death, disabilities, and such, getting a life insurance is of utmost importance. We don't know what the future holds, and this is one way of preparing for it. Thanks!
Term life insurance is a good way to ensure the safety of family members. It would be good to assess one's rating also and look for a plan that is suitable and affordable.
i already taken 2 polis for protect my financial family....
sukses di hari Kemenangan
nice article, thanks for info
hello my friends very good blog
hello d neuvo mi gente bonita paginaa
SEXY GIRL AND COUPLE WEBCAM VIDEOS http://CAMhunterDE.blogspot.com
Post a Comment
Rules:
Comment must be in English, otherwise will be not listed.
Spam comment will be deleted, so don't waste your time for it.
Respect yourself, respect others.