The Life Insurance Selector
Don’t know which Life Insurance is best for you and your family? Try out MetLife’s Life Insurance Selector. By clicking on the button, you will be asked a few questions that will tell you how much to pay for your life insurance and what kind of life insurance you need. Depending on [...]
China Life Insurance Company doubles its profit
According to The New York Times, the China Life Insurance Company has exceeded the expected profit by more than a half. This was caused by investment gains in the stock market and rising premiums from the Chinese economy. In 2006, it has earned only 8.97 billion yuan but in the first half of [...]
Is life insurance an investment?
There are people who consider buying a life insurance in order to pay for their children’s college education plans or buy equipment and appliances in their homes. However this is not a good idea, because premiums are used to buy the coverage for the death benefit and pay for expenses that is used in [...]
Variable life insurance policy
The variable life insurance policy is a type of permanent life insurance policy that offers the least gurantees but the greatest opportunity to maximize cash value. If you want to purchase this kind of policy, you have to research on it so that you will know what to do and when to do them. [...]
Types of permanent life insurance
There are different types of permanent life insurance and some of these are the traditional whole life, universal life and variable life. In traditional whole life, you can get the most guarantees and this type is best to purchase if you have trouble saving. In Universal life, you can be assured of premium [...]
Permanent vs. term life insurance
What is the difference between permanent and term life insurance and which one should you pick? Permanent life policies offer death benefits and a savings account while term life policies offer death benefits only. This means that in a term life policy, your survivors will get money at the incidence of your death provided [...]
Dont’s of life insurance
Don’t buy life insurance without first researching about it and knowing why you need it. Don’t be afraid to ask those who know about insurance if you have a question regarding it. Don’t hesitate to ask friends and relative for a referral to an insurance agent or broker. If you plan to replace your [...]
Do’s of Life Insurance
Shop around; you might find that the price for insurance varies much between different companies. Find out what insurance fits your budget. Also, do research before buying coverage. Study what coverage you need and if you already have one, figure out if you need to increase or reduce it. When buying term insurance, [...]