Selasa, 28 Desember 2010

WHOLE-LIFE INSURANCE POLICY

WHOLE-LIFE INSURANCE POLICY

Whole-Life Insurance Policy - On the day I will be back on the insurance review soul. what will be discussed today . " Policy Life Insurance ( Life Insurance Policy) is a policy in the policy where the insurer promises to pay benefits for the death of the insured person / insured . " Insurance soul is given to individuals or a collection of various forms and are given in the policy

Whole-Life Insurance Policy

Term insurance ( term life insurance) , which is a type of insurance that provides protection according to certain agreed period of policyholders and the company insurance.then next type of life insurance ( whole life insurance) which gives lifetime protection insurance policy holders .

A term insurance policy ( term life insurance policy) generally has three main components , namely .

. Upfront amount ( protection or death benefit) ,
. Premium to be paid (cost to the insured) ,
. Protection period ( length of coverage) .

Whole life insurance provides lifetime protection and accumulate cash value of the policy holder. 

Premiums will not rise with age. 

The existence of the cash value. 


Free from employment or retirement plans.

As I know , any insurance policies have terms, conditions , restrictions which are understood and known to both parties .

- The risk of what is guaranteed , and the risks of any unsecured
- If the guaranteed maximum guarantee how
- If necessary guarantee how long since apply policy risk guarantees ( waiting period ) .

Usually before insurance do / apply , it would do a survey for property insurance risk locations ( eg, whether the house near the river / cliff to the risk of flooding / landslides ) and medical check - ups for accident insurance / health.if will ask the activity, and other work - other with respect to the risk profile that will Insurance.explanation is short explanationabout whole life insurance , there are still many explanation about life insurance again this year.We will discuss another time .