Life Insurance

term life insurance

term life insurance

What Is Term Life Insurance? Term life insurance, also known as pure life insurance, is life insurance that guarantees payment of a stated death benefit during a specified term. Once the term expires, the policyholder can either renew it for another term, convert the policy to permanent coverage, or allow the policy to terminate. How …

Life Insurance – Benefits & Types

Preferences of Life Insurance Danger Coverage: Insurance gives chance consideration to the protected family in kind of cash related pay in lieu of premium paid. Differentiation plans for different uses: Insurance associations offer a substitute sort of plan to the ensured depending upon his prerequisite for assurance. More favorable circumstances go with the more premium. …