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An insurance policy is a contract between an insurance company and the person purchasing the policy (or the insured). The policy costs a specified amount and if all premiums are paid in a timely manner, once the insured has died, their beneficiary (who whomever they name) will be paid a sum of money.
What else can I help you with?
What is the purpose of a disclosure statement in the life insurance policies?
To explain features & benefits of a proposed policy to the consumer
What is the purpose of life insurance brokers?
Life insurance brokers offer different life insurance policies from different companies and help you to compare which one may be the best for you and your family.
What is the purpose of life insurance sales leads?
The purpose of life insurance sales leads is to help generate sales. If one has leads for possible sales then these in turn could possibly lead to policies being sold.
What type of insurance policies are offered by Butler Insurance Service?
The Butler Insurance Service has many policies. They have auto insurance, homeowners insurance, life insurance and business insurance. However the policies differ from state to state.
What kind of policies does NIG Insurance offer?
NIG Insurance offers many different policies. Some of these policies offered by NIG Insurance include quote comparisons, car insurance, and health insurance.
What type of insurances can one purchase from IMG Insurance?
IMG Insurance provides policies for traveling around the world. Some of their insurance policies include short and long term travel policies, travel insurance, emergency evacuation insurance, and many other policies.
Where can one find a valid comparison of insurance policies?
Valid comparisons of insurance policies is best found by personally meeting with an insurance agent. The insurance agent is most knowledgeable in different policies and can tailor the policies for the specific needs of the consumer.
How do individual health insurance and group health insurance policies differ?
Individual health insurance policies are purchased by individuals or families, while group health insurance policies are purchased by corporations. Group policies are generally cheaper on a per-capita basis than are individual policies.
What are deductables on RV insurance policies?
RV insurance policies have the same kind of deductibles as other insurance policies. You need to contact your insurance company and ask them what the deductible would be depending on the RV you have chosen.
Does Encompass Insurance sell home insurance policies?
Encompass Insurance does sell home insurance policies. They sell property insurance as well as insurance for dwellings. You can separate them or buy them together.
Which has a higher premium life insurance or endowment policies?
Endowment policies. In normal life insurance policies, if you outlive the policy term you wont get any money. Whereas, in case of endowment policies, the insurance company returns a big % of your insurance premium to you at the end of the tenure. So, these policies are much higher in terms of premium when compared to regular or pure-term life insurance policies.
What is the basic purpose of insurance?
What is the basic purpose of insurance
