Understanding Term Life Insurance – How To Save Money The Smart Way


Term life insurance is the easiest type of life insurance to understand. To put it simply, the insured person pays a minimal premium per thousand dollars of coverage on an annual, semi annual, quarterly or monthly basis. If he or she dies within the term of the policy, the life insurance company will pay the beneficiary the face value of the policy.

Distinctive Features of Term Life Insurance
To better understand some of the distinctive features of term life insurance consider the following points:

First, term life insurance is “pure …

When Buying Life Insurance: Here Is A Shopping Checklist You Should Use

When shopping for term life insurance, you want to find the right amount of insurance coverage at a reasonable price with a company you can trust. But for many people, getting started is the hardest part. That’s where the following Life Insurance Checklist can help.

What you would like your policy to achieve?
Ask yourself what it is you want your life insurance to do.

    For example, do you want to have insurance coverage that will:

Pay funeral arrangements?
Pay the outstanding balance owing on a mortgage and other debts? …