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It depends upon how long you wish to have the coverage for. People with short term protectiopn needs, (1-20 years) might best be served buying term insurance coverage. People who wish to be covered for life should consider either whole life or universal life coverage. The most popular type of life insurance policy is term life insurance as it suits most people's needs. Term insurance provides the maximum death protection against the most affordable premiums. You can choose term periods from 1 to 30 years. There are various options within term life insurance to choose from. However, if you have long term needs, you may prefer to opt for permanent life insurance. For more information on types of life insurance you may find this site helpful: http://www.accuquote.com/types.cfm
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Do you need a will for life insurance?
You do not need a will for life insurance. I don't have a will, but I have life insurance. ;)
What type of person don't need life insurance?
dead ones:).
What kind of life insurance should you get?
When deciding what type of life insurance to get, someone can choose between term and whole life insurance. Term insurance pays out when a person dies and whole life can be cashed in if you need the money early.
Does homeowners insurance pay off your mortgage if one of the homeowners dies?
No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.No. For that kind of benefit you need mortgage insurance or a life insurance policy.
How much is good life insurance?
There are a lot of life insurance companies. The site http://www.life-insurance-companies.com/ will give you the top 15 sites. There is term life and whole life also and you need to decide which type you want and then go from there.
What type of insurance do you need in order for the mortgage to be paid off when one owner dies?
Joint Mortgage Term Life Insurance
Is the mortgage on a house pay off upon death?
No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.
How much does average life insurance coast?
The average life insurance cost will vary depending on several factors including: The type of life insurance, your age, gender, amount of coverage, how long you need the life insurance, your health, your family's health history, etc. Term life insurance is the least costly type of life insurance because there is no cash value that builds up in the policy - so you only pay for the life insurance. Term life insurance offers you life insurance protection for a specific number of years, usually 10, 15, 20 or 30 years.
Does my stepdaughter need to be insured as a driver at both households if we have joint physical custody?
You need to contact your insurance agent for that type of advice.You need to contact your insurance agent for that type of advice.You need to contact your insurance agent for that type of advice.You need to contact your insurance agent for that type of advice.
What type of life insurance is often used as mortgage insurance?
The type of life insurance that is more than often used as mortgage insurance is known as decreasing term.
What type of life insurance often used as mortgage insurance?
The type of life insurance that is more than often used as mortgage insurance is known as decreasing term.
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.
