Life Insurance Free Quotes

The Average Life Insurance Policy

Types

Two kinds of life insurance policies are available for purchase. The most basic is term life insurance. The other type is permanent life insurance. This type of life insurance is also referred to as “cash value” life insurance.

Function

Term life insurance provides a death benefit for a fixed or variable premium. The variable premium term life is called annual renewable term life insurance. This type of life insurance collects just enough premium to pay for the cost of the death benefit. Because of this, the premium amount increases every year on a guaranteed basis. Permanent life insurance offers premium payments that are level for the life of the policy and the policy builds a cash reserve called a cash value.

Benefits

The benefit of a cash value life insurance policy is that you receive a cash value savings that can be used for any purpose. Full Post…

Property and Contents Insurance

Being a landlord entails a lot of responsibility and sometimes stress. There are many things that you have to address as a property owner who rents dwellings as a source of income. Many times things will go wrong with a house and you will need to make repairs. Some repairs can be quite expensive and may require a lot of money to fix. It is at times like this that having a landlord insurance company can be extremely useful. There are also many other times that having your assets insured against damage by renters and other unforeseen circumstances can be beneficial. There may be times when you rent a property out and through the course of the lease or rental agreement the occupants of the house caused serious damage that exceeds the amount that the security deposit covers; in cases like this a landlord insurance company will greatly help in covering the cost of fixing the damaged areas of your property.

In addition to damage that is man made landlord insurance companies also cover damage caused by extreme weather. Full Post…

Is a $10,000 Whole Life Insurance Policy Worth $10,000 at Death?

Types

Broadly speaking, there are two types of whole life insurance. Participating whole life insurance pays dividends based on the insurance company’s investment performance and mortality experience (how many death claims were filed and payed). Non-participating whole life insurance does not pay dividends to the policy.

Significance

An ordinary, fixed interest, whole life policy will always be worth at least $10,000 unless you fail to pay the required premiums or take a loan against the policy that you do not pay back before your death. A variable whole life policy, where interest fluctuates due to underlying investments, may or may not be worth $10,000 at death.

Considerations

If you want your $10,000 policy to be worth as much as when you purchased it, make sure that you purchase a policy that earns a fixed rate of return. Full Post…

What Is Instant Issue Term Life Insurance?

Time Frame

According to a study performed by LIMRA International, a think tank and research center, about 26 percent of households in the United States with an income of under $75,000 have no life insurance. For those with an income of less than $35,000, it is much worse, just about 50 percent have no life insurance.

Instant-issue term life insurance makes it easy to get life insurance quickly. Families with little time now do not have to set aside a block of time out of a busy schedule to get it their life insurance. Now, it can be obtained at any time and an answer can be had within about 10 minutes, according to InsWeb (some provide an answer within 24 hours). It does not mean that the life insurance company will accept just anyone, but it means that an answer can be received that quickly.

Besides this, the life insurance can be purchased and started immediately if accepted. Full Post…

Whole Life Insurance Quote Online

You can get a whole life insurance quote online. You get the premium rates, however, there is a lot more to whole life than simply premium rates. Whole life rates are much higher than term rates as the time the life insurance company is bound to carry the risk is much longer. If you own a whole life policy you can usually keep it up until age 100.

• Guaranteed Cash Value

The life insurance companies compensate somewhat for the higher premiums by including a guaranteed cash value. If you stop you whole life policy there is something to get back. The longer you keep the policy the higher the cash value.

If your policy is a participating policy you get to participate in what is known as a life insurance dividend. If the company operates profitably you may get a dividend in addition to your cash value.

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Blue September

Every year about 600 men in New Zealand die of Prostate Cancer.

Why so many?

Because men don’t know how dangerous the disease is, they don’t talk to their doctor about it, and, basically… they simply don’t do anything about it, period.

That’s what Blue September is about… promoting awareness about the dangers of prostate cancer and about early diagnosis to increase your chances of beating it.

Did you know that the death rate from Prostate Cancer in New Zealand could be halved by men having regular health and prostate checks from age 40 onwards? What this m

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Understanding Joint Life Term vs. Individual Term Life Insurance Policies

A few warnings for spouses considering Joint Life polices. Photo by Luciano Meirelles

Joint life term policies allow two policy holders to combine their coverage under one plan. In contrast, individual term life policies provide each of the insured’s with individual coverage.

Joint life policies are generally anywhere from 10% to 20% lower in premium then individual life insurance policies. This percentage will be even greater when there is a larger age discrepancy between the two insurers.

Joint Life Term policies cover both policy holders, or both insurers, under one plan. Should one spouse pass away, the other spouse’s coverage would end.

Most of these kind of policies allow the surviving insurer to convert their remaining coverage into a new plan, but this new plan would be assessed at the insured’s current age at the time. Thi

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Obesity: Tight Sleep = Loose Pants?

Photo by Lisa Brewster

We often stress that lifestyle is an important factor determining your insurance premiums. Recent research finds that changing your baby’s lifestyle during his or her earliest years can have a significant impact on his or her health later on.

A study conducted in the U.S. focused on the link between sleep and weight in a representative sample of U.S. children aged 0 to 13 years, Reuters reports . The survey was conducted in two parts – the first part took place in 1997, with a follow-up in 2002. This allowed the researchers to track health developments in the same children over a longer period of time. The study was able to show that children who slept more than 10 hours a day before age 5 had smaller chances of becoming overweight in their adolescent life. More specifically, toddlers up to 3 years of age are advised to sleep 12 to 14 hours a day. Old

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