0
Yes.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What happens if life insurance policy is canceled?
You no longer have insurance cover - if you happen to die then there is no payment made.
How do you know what you need in life insurance?
If you are looking to get life insurance you should consider if you have any dependents and if you don't you won't need life insurance. You could get life insurance if you are a sole owner of a company and you need to decide how much money your company will need after you die.
Do you need life insurance after a certain age?
Nobody needs life insurance. It is the family members who depend on you who may need it if you die before them.
Whats loans insurance and how will it benefit your life?
Loan insurance protects you in event of something happening. If you die, your relatives are not responsible for making loan payment. I highly suggest loan insurance to everyone who wishes to take out a loan.
What is the meaning of "second to die" life insurance?
It is when a payment is only made after the last insured person dies. Usually used by a couple to pay their children.
Do Life Insurance cover you in the Philippines?
Life insurance is indiscriminate on where you die. There are often specific exclusions on how you die however.
Why is whole life insurance not the best insurance to have?
Whole life insurance is not necessarily bad but it may not be right for you as it can be substantially more expensive than a term insurance. If you need life insurance but don't want to pay the high premiums on whole life insurance ask for term insurance quotes. Whole life insurance is a level premium from the time you get the insurance until you die which is good if you have an estate that will need liquid funds but not necessarily right for someone who is just looking for life insurance until their kids are grown or their mortgage is paid off
What is the difference between life insurance and term life insurance?
Life insurance is a more general concept that may refer to either whole life insurance or term life insurance. Whole life insurance gathers value the longer you have it, whereas Term life insurance does not obtain any value that you may use before you die. Term life insurance only pays out when you die.
How do you find out if someone had life insurance after they die?
how do i find out if tom rowntree had life insurance
Is whole life insurance a good choice for a widow with no children?
Unless you have another person in mind who would need support should you die, then whole life insurance would not be a good idea.
What are the ratings for the life insurance company called Second to Die?
This actually isn't the name of a company. Second-to-die insurance is a type of life insurance. You insure two people, then the insurance pays out after both die to a third beneficiary, a child, for example.
What are the main differences of term life insurance vs whole life insurance?
A life insurance is only good for life coverage, when you die an amount of money is given. Whole life insurance includes investments you have. Such as stock market.
