Life Insurance : Insurance

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Key Man Life Insurance, Why Is It So Important?

Key Man Life Insurance, Why Is It So Important?

Most people that are involved in some sort of business have probably heard about key man life insurance [http://www.themoneyalert.com/keymanlifeinsurance.html]. Few people, however, know what it is and why they need it. They may be surprised ... ......[Read More]
How to invest in the best retirement plan

How to invest in the best retirement plan

Financial crisis could occur after you retire as a regular inflow of income comes to a halt. Hence planning for your retirement is the most sensible thing to do. With the growing cost of living ... ......[Read More]
The Difference in Life Assurance & Insurance

The Difference in Life Assurance & Insurance

According to Irena Kerr in "Life Insurance and Its Applications," all life assurance is life insurance, but not all life insurance is life assurance. "Life assurance" is another term for "whole life insurance," one of the two broad categories of life insurance. The other type is "term life insurance......[Read More]
Debt Collection Rights on Deceased Life Insurance Policies

Debt Collection Rights on Deceased Life Insurance Policies

If your loved one or business partner died with significant personal debts, you are protected from those debts. Creditors cannot come after you. Many states provide protections from creditors so that the beneficiary receives the death benefit of the policy.......[Read More]
Life Insurance - A Great Tool For More Than Just Your Family

Life Insurance - A Great Tool For More Than Just Your Family

Life insurance is usually thought of as having just one purpose - to make sure your spouse and kids are taken care of when you pass on. This makes sense and is, of course, a ... ......[Read More]
How to Claim Diminished Value

How to Claim Diminished Value

While a vehicle may be "totaled"-- damaged to the extent that the salvage value and repair costs exceed the current fair market value -- many times a vehicle can be repaired to like-new condition. Unfortunately for the owner, a vehicle that has been involved in a serious accident is not worth as muc......[Read More]
Differences Between Traditional & ULIP Plans

Differences Between Traditional & ULIP Plans

The debate over whether life insurance products should be viewed as investments, be they traditional life (often whole life) policies or Unit Linked Life Insurance Plans (ULIP), is not likely to be settled any time soon. Either way, for investing or insurance purposes, there are very distinct differ......[Read More]
Laws: Forfeiture or Nonforfeiture of Property

Laws: Forfeiture or Nonforfeiture of Property

When a property owner defaults on his home loan, one of the remedies that the lender has is forfeiture. In forfeiture, the owner of the property loses his rights to it, and the property is returned to the lender as compensation for the default. It's commonly used by an investor who seller-financed h......[Read More]
What Happens in Bankruptcy If Your Debt Is Sold to Another Company?

What Happens in Bankruptcy If Your Debt Is Sold to Another Company?

During bankruptcy, a creditor may sell its debt to another company. When this occurs, the new company notifies the debtor, the debtor's attorney and the bankruptcy court that the original creditor's debt has been transferred. The new creditor must follow certain procedures to be included in the bank......[Read More]
What to Do in Case of Life Insurance Expiration?

What to Do in Case of Life Insurance Expiration?

Insurance expiration is possible. There are Insurance premiums that have expiry dates---these are the short-term ones---and then there are those that do not. You have to be careful of keeping tabs on these life insurance ... ......[Read More]
What Happens to Lawsuit Money in a Divorce?

What Happens to Lawsuit Money in a Divorce?

Divorce can be an expensive process, and in many cases, both of the ex-spouses can experience financial distress because of all the money involved in settling a divorce lawsuit. Divorced women tend to wind up poorer and with a lower standard of living than they enjoyed while married, but both sides ......[Read More]
How to Collect on Insurance if a Bond Goes Bankrupt

How to Collect on Insurance if a Bond Goes Bankrupt

Bond insurance is most common in the municipal bond market. Bond insurance contracts are written by monoline insurance companies, and pay out a claim if the bond in question defaults. This differs from Credit Default Swaps (CDS), which function similarly to insurance contracts for bonds and other de......[Read More]
Do You Need Life Insurance?

Do You Need Life Insurance?

Life insurance sounds like one of those big adult phrases you use only when you get older and start thinking about the inevitable end. In fact, that is probably not too far off the mark. ... ......[Read More]
Term vs Whole Life Insurance: Which Policy is for Me?

Term vs Whole Life Insurance: Which Policy is for Me?

Looking for term vs whole life insurance protection is something that many of us have already signed-up for in the past, or is something that we will want to research in the future. Term life ... ......[Read More]
Definition of a Universal Life Insurance Policy

Definition of a Universal Life Insurance Policy

Life insurance is an important part of a sound financial plan. It pays a specified amount of money to the person you deem as your beneficiary if you pass away during the term of the policy. Universal life insurance is considered a permanent life insurance policy.......[Read More]
Definition of Insurance Proceeds

Definition of Insurance Proceeds

When someone has valuables such as collectibles, a home or an automobile, they are usually insured by an insurance company. When a claim is filed due to a loss or damage, the funds paid out are the proceeds.......[Read More]
How Life Insurance Matters to You

How Life Insurance Matters to You

Life insurance is much more than a mere necessity âEUR" it is a need that is basic to life. So, if you are still haunted by the possible consequences of the many uncertainties of life, ... ......[Read More]
Affordable Life Insurance - Getting Enough Coverage

Affordable Life Insurance - Getting Enough Coverage

Just like in every other insurance coverage, it is unwise to be either under covered or over covered in your life insurance policy. Both eventually cost you lots of money. You need to know how ... ......[Read More]
When to Buy Life Insurance

When to Buy Life Insurance

There are several events in one's life when the purchase of life insurance should be considered. In general, this should occur when financial obligations increase, such as the birth of a child or the purchase of a home. It is also wise to purchase life insurance at a young age because the rates are ......[Read More]
Life Insurance Types - Choosing The Right One

Life Insurance Types - Choosing The Right One

When we talk about life insurance, it simply shows that we want to be secured in terms of financial aspect when our time ends. Everyone wants to be insured by an appropriate insurance option. However, ... ......[Read More]