Life Insurance Blog

Although most life insurance premiums tend to be charged on a monthly basis, due to the schedule’s affordability, it’s also possible to pay them less frequently and in advance. This method can be cheaper but often isn’t practical. (more…)...

Life insurance can be paid for in a number of different ways. The usual method is to pay it over the period that the insurance covers, usually as monthly premiums. This has the effect of spreading the cost over the life of the insurance policy, and payments can be arranged to coincide with the time that the purchaser has money, e.g., when they are paid their salary. (more…)...

An insurance agent is a salesman. They are often compared to insurance brokers, and although there are some similarities there are also a number of differences that should be taken into account. Although an insurance agent can be useful, particularly in certain non-standard situations, there should be some awareness of what an insurance agent does before engaging with one. (more…)...

Life insurance can be sold by the policy holder if it’s no longer needed. This won’t always occur, but it is relatively common. Sometimes people will purchase life insurance at the beginning of a long term but then will find that they don’t need it before the end of this term. However, life insurance sometimes has value as the term end approaches, and so rather than simply getting rid of a ...

Life insurance policies can be bought and sold by people not covered by the policy. Although this sounds like an odd thing to do, there are good reasons why a person might want to buy someone else’s life insurance, as well as why a person might want to sell their a policy. (more…)...