Term Insurance vs. Whole life or Permanent Insurance – A
Term Insurance vs. Whole life or Permanent Insurance - A Car Analogy Should I lease a car or buy it? Think of a term life insurance policy as leasing a car. When you lease a car you get the benefits of using the car, but when you stop paying you don't have a car anymore. As with term insurance as long as you pay your premiums you get the...
Should Your Life Insurance Policy Be Written In Trust?
According to one of the largest UK life insurance companies, just 1% of life policies are written in trust. That is disgraceful and reflects poorly on the financial industry. Let's explain. If your life insurance policy is Written in Trust then, in the event of a claim, the insurance company pays out directly to the beneficiaries you name on...
Cheap Life Insurance Policy
A Guide To What to Expect From Your Life Insurance Policy The average life insurance policy isnt hard to understand you take out this kind of policy to basically get life insurance cover to protect your family. So, if you die unexpectedly, the insurer you are signed up with will pay out on the policy to give your next of kin a lump sum or an...
Buying Life Insurance? One tip to save you thousands!
Its simple, always have your Life Insurance policy Written in Trust. This may sound technical but it is easy to understand and its so easy to organise. Written in Trust ensures that in the event of a claim, the policy will pay directly to the beneficiaries you name on the policy when you first take it out. If you do not do this, the policy will...