Life Insurance ? Do You Need It?
Many people are skittish about life insurance, because they feel that it is useless, or it makes them face their mortality, or they may arrogantly think that they won't die. But let me reassure you, life insurance is not only useful, but also essential if you're young or old, or have a young family. Life Insurance should definitely be one piece of your financial portfolio.BENEFITS OF LIFE INSURANCE1)Protects your family ? If you should die prematurely a life insurance policy will give your young family and spouse a financial buffer. The lost income can be devastating. 2)For children and young adults ? accidents are a leading cause of death.3)As you get older ? it can help to defer funeral costs.Life Insurance can help fill the gaps when you or someone you love passes away, as well as, helping to eliminate the stress and uncertainty of their future.TYPES OF LIFE INSURANCEThere are different types of insurance, which can fit each individual's needs and situations.
The different types and explanation of each are as follows:Term Life Insurance ? Term life gives you coverage for a particular period of time. (Builds No Cash Value)Whole Life Insurance ? Whole Life can give you protection for your entire life at a fixed rate. Whole Life builds up cash values, and in some cases, paid dividends.Universal Life Insurance ? Universal Life gives you more flexibility -- allowing you to adjust your premiums and to increase or decrease your death benefit.Accident Insurance ? Accident Insurance gives your family an income in the event of your accidental death.To conclude, when I was younger, I felt that life insurance was a waste of my money. But that changed when I seen the results of what happens when a father of three young children died unexpectedly. He had no insurance to care for his three children.
Not only did his wife and children have to deal emotionally with their loss, but it also left them financially crippled. From that moment on, I realized the importance of Life Insurance and what it can bring to my family ? a financial safety net, and for me, peace of mind..
Vickie J Scanlon has a BBA degree in Administrative Management and Marketing. Visit her site at: http://www.myaffiliateplace.biz for free tools, articles, affiliate opportunities, ebooks, and insurance info Free quotes on auto, life, homeowners, health, business insurance at: http://www.myaffiliateplace.biz/Affiliate_NetquoteCygnus Software Helps Gleaner Life Insurance Society?s Insurance Professional Program
Cygnus Software Inc., a provider of practical, insurance and financial planning sales solutions, today announced that Gleaner Life Insurance Society has selected Cygnus's IncomeMax needs analysis and retirement planning software to be used by their agents in the Gleaner Insurance Professional program.IncomeMax is a goal-driven Total Needs Selling software tool that enables users to quickly capture, analyze and graphically illustrate a client's most common needs.
Agents and advisors can quickly and graphically position product solutions, compare alternative scenarios, and generate professional client presentations."We have been impressed with the IncomeMax product, it offers an easy-to-use interface that will improve our agent productivity and increase client confidence in our recommendations," said Ellsworth L. Stout, FICF Vice President Agency Development. Gleaner's insurance professionals recently attended Cygnus's Quick-Start web training course, and after completing 2 hours...
Life insurance > Cygnus Software Helps Gleaner Life Insurance Society?s Insurance Professional Program
Online Life Insurance Quotes Available Through Mortgage Association Alliance
miQuotes.com, a leading online provider of life insurance, has bridged the gap between the mortgage lending community and the life insurance industry by offering a simplified approach to marketing and selling life insurance and related products to the public. When individuals secure a first or second mortgage, they often inquire about life insurance to protect their loan in the event of the untimely death of the mortgage holder.
miQuotes.com has partnered with the National Association of Mortgage Brokers to provide a two-tiered approach to this market, recognizing that Online Life Insurance Quotes Available Through Mortgage Association Alliance
Life insurance > Online Life Insurance Quotes Available Through Mortgage Association Alliance
Term Life Insurance Defined
Term life insurance is by far the simplest form of life insurance.
Term life insurance is simply that, insurance for a term or specific period of time.
It pays a benefit only if you die in the designated period of time.
On the downside, it pays nothing if the policy expires before you die.
It is often referred to as temporary life insurance.
Policies generally last for 5, 10, 15, 20, or 30 years.
Many policies are convertible, which means that you have option of switching to a permanent life policy.
The main advantage of a term life policy is that they generally have lower premiums.
They are good for covering needs that may disappear in time, such as car or mortgage loans.
They also have some distinct drawbacks.
Premiums generally increase with...
Life insurance > Term Life Insurance Defined
Homebuilder K. Hovnanian Homes Awarded with Three STARS Awards from NCHBA
Charlotte, NC (ContentDesk) October 9, 2005 -- Homebuilder K. Hovnanian Homes in Raleigh was honored with three awards at the 2005 STARS Awards Gala. K. Hovnanian won a STARS Award for best brochure/direct mail piece for its NewHome101 campaign. The company also won two STARS Outstanding Achievement Awards for the campaign - best logo design for a company and best billboard.The NewHome101 campaign, which helped lead the company to its best year in the Triangle area, has already brought the homebuilder...
Life Insurance ? Do You Need It? diamond
Life insurance > Homebuilder K. Hovnanian Homes Awarded with Three STARS Awards from NCHBA
Life Insurance ? Do You Need It? Life insurance mattress
California Health Care Solution Provided by Growing AmeriPlan? Program
AmeriPlan?, one of the nation's leading consumer-driven health care programs, has added over 100 medical service providers in California in the last two weeks, expanding the network of medical providers affiliated with AmeriPlan's California health care program and providing a broader choice in medical professionals for...
Life Insurance ? Do You Need It?
Life insurance > California Health Care Solution Provided by Growing AmeriPlan? Program
Brand New Employer Sponsored Plan Is A Hybrid Of A Traditional 401(K) And A Roth Ira-January 1st, 2006 Is Start Date For New Roth 401(K) Retirement Savings Plan
(ContentDesk) December 7, 2005 -- Income tax rates have been cut, the marriage penalty done away with, and the "death tax" is also on a path to no more. All of this is a result of the Bush administration's Economic Growth and Tax Relief Reconciliation Act which was passed by a Republican congress in 2001. Another provision of that act goes into effect on January 1st, 2006, a hybrid of a traditional 401(k) and a traditional Roth IRA called the Roth 401(k). Yet another employer sponsored savings...
Life Insurance ? Do You Need It? Brand New Employer Sponsored Plan Is A Hybrid Of A Traditional 401(K) And A Roth Ira-January 1st, 2006 Is Start Date For New Roth 401(K) Retirement Savings Plan Life insurance
Life insurance > Brand New Employer Sponsored Plan Is A Hybrid Of A Traditional 401(K) And A Roth Ira-January 1st, 2006 Is Start Date For New Roth 401(K) Retirement Savings Plan