How Is a Term Insurance Policy Beneficial?

In order to understand how a term life insurance policy can be beneficial to us, we first need to understand, what it actually is? In simple terms, an insurance policy that insures you for a fixed term or a fixed period of time is called a term life insurance policy. Here, the term is your […]

Who Can Be a Beneficiary on Your Life Insurance Policy?

It’s true. When you apply for a life insurance policy you must choose a primary beneficiary with an insurable interest in you if you want to get your life insurance policy approved by the underwriters. Insurable interest is generally broken down into two types of loss-emotional and financial. In order to have an insurable interest […]

Insurance Policy-Taking

Insurance can be regarded as an arrangement between an individual or group of persons or a company with a particular kind of company called an insurance company in which the insurance company gives financial protection against loss or harm such as illness or theft. This service is not free but is given at a cost. […]