Things you should know about life insurance

[fcmoney]

1. Check your policy- Terms Insurance, Whole Life Insurance- Cash Value Insurance Terms Insurance is the best one because premium payment stay the same for the term insurance

2. Agent is selling you Insurance not buying insurance for you

3. Whole life as well Cash Value Insurance is expensive

4. Whole-life policies are built on assumptions so you never know when you will died

5. Keep your investing and insurance strictly separate.

6. Buy enough term coverage to fill your needs buy more than you have in asset!

7. Match the term of the policy to your needs the longer the better

8. Buy when you're healthy because when you are sick you will not receive health insurance

[fcmoney]

When you get your Life Insurance you should be aware of coverage and deduction and fee, it may sound like a crazy but when you died and you have beneficiary your beneficiary will receive your money and have to pay a fee that they receive your money most Life Insurance Agent don't tell you that there are few percent legal fee that you need to pay in order to receive life Insurance benefit and of course life insurance are taxable so you need to pay a tax!

[pranith]

wel whenever we are buying an life insurance we should take care about all the details by going through the documents before making any purchase. As well we need to check the insurance company past history in which modes they have done payment.

[elitesystem]

If someone depends on you financially, the likelihood is that you need life insurance. Life insurance provides cash to your family after you die. The money your beneficiary receives (the death benefit) can be an important financial resource. It can help cover daily living expenses, pay the mortgage and other outstanding loans, fund tuition, and ensure that your family is not burdened with debt. Having a life insurance policy could mean your spouse or children wouldn’t have to sell assets to pay bills or taxes. Another advantage is that beneficiaries won’t have to pay federal income taxes on the money they receive.

[sr106]

what do u say is life insurance is important to our life or if we keep the money on mutual funds is it safer...
which one is better do u think.....

[ken7700]

I know I a few friends that have been burnt my life insurance policies. You need to read everything very carefully and ask any questions you have before signing anything.

[pranith]

as everyone knows that life insurance is very important for every mankind.i had got life insurance finance from max life new york insurance iam happy with the offers and plans provided by them .
thanks

[sr106]

well, u r correct, as everyone should have a life insurance, it is very important in everones life....