Does the concept of life insurance give you a headache? Have you put off getting life insurance because you don't know how to get started? Are you unable to properly appreciate the life insurance plans you've bought or that someone else purchased for you? If you answered yes to any or all of these questions, this book can help you solve your life insurance troubles and may save you a large amount of money.
Whole life insurance is a type of permanent life insurance coverage designed to provide protection for your family by locking in benefits that can help pay for end-of-life expenses, as well as cash value that can be accessed in an emergency. When you die, life insurance provides money to the people who depend on you. It can also do much more. This book shows you exactly how you can take advantage of one of the most common, but misunderstood financial tools. In it, you'll discover exactly how you can use your life insurance to benefit you while you are alive - and help you build financial security. In addition, it will reveal ways to make the best of your policy no matter what age you are. Most people don't realize what a powerful tool they have in their life insurance policies - this book will be your guide.
There are two main types of life insurance with several variations of each type. Life insurance can be classified as a term or permanent policy. At least that is the simplified explanation of the two types of life insurance commonly offered. The most common life insurance policies can be placed into the following categories: term, whole life, universal life, variable life, and variable universal life. Each one of these insurance policies has a place in one's life and at different times in someone's life, they may have need of one or a combination of these types of insurance products. Depending on your circumstances, you may or may not even have a need for life insurance. Everyone's situation is different and therefor the need for life insurance will vary dramatically from individual to individual and from family to family. In order for life insurance to be effective and useful there are many things that need to be considered when buying a policy. In The Basics of Life Insurance we will examine the difference between term and permanent life insurance, the differences between the various types of permanent insurance, and what products are right for those seeking life insurance. This is booklet is a good dtarting point for those who have general questions about life insurance. Buy your copy today.
*Amazon Bestseller in Life Insurance* A user-friendly guide to making expert decisions on life insurance policies Need help facing the constant barrage of information from competing life insurance companies? With thirty-five years of experience in the life insurance business, Tony Steuer delivers a practical, one-of-a-kind resource for anyone involved in choosing or monitoring a life insurance policy. This guide helps make a complex financial product understandable for consumers and is an essential reference, textbook, and training manual for financial advisors. Using a simple question-and-answer format, Steuer covers the essential basics and the finer points of life insurance, including how to: Differentiate between types of policies Find and evaluate a policy and company Hire a trusted agent Understand the practice of underwriting Monitor a policy’s performance With all the advice to help you avoid unnecessary pitfalls and unpleasant surprises, Steuer’s guide will help you make informed, confident decisions and gain the maximum benefit from your life insurance policy.
Life insurance is a contract between you and an insurance company to provide you with coverage based upon your timely payment of premiums. Life insurance provides a death benefit to your named beneficiary (usually a spouse) upon your death. When you pass away, your beneficiary files a claim with the insurance company to submit proof (a death certificate) of your passing. If there is an agent who usually works with your family, your beneficiary can contact the agent who will help him or her complete the necessary paperwork. Or, your beneficiary can contact the insurance company directly and a claims representative will instruct him or her on what to do. After the insurance company receives all the documents, then your beneficiary will be issued the death benefit payout. When you buy life insurance, you enter a contract with an insurance company that promises to provide your beneficiaries with a certain amount of money upon your death. In return, you make periodic payments, called premiums. There are many things to consider when it comes to getting a life insurance policy that can help protect your family's future financial needs. In this book, the author will take you through every single aspect of life insurance
