Which type of life insurance policy generates immediate cash value? Life insurance is a type of investment. You may obtain immediate cash value or it may take time to earn cash value, depending on the policy. In the latter instance, you can purchase the coverage after you have the necessary funds. There’s nothing wrong with…
Which of the following best describes annually renewable term insurance? There are different options for term insurance. You can opt for a monthly term insurance plan or a term life insurance policy. There are also several other types of insurance plans you can choose from. Term life insurance is a form of insurance sold to…
If you’re a young driver, you probably know that car insurance can be a pretty expensive purchase. Why is car insurance so expensive for young drivers? And if it is so expensive, why do so many young drivers have to pay hundreds of dollars in premiums on top of their regular car payments? If you’re…
The insurance industry has made a lot of changes in recent years. There are more insurance companies and more specialists training people to insure people. They’re all looking for the best rate, so it’s so important to figure out what your rates will be. If you’re not sure, you can always check out testimonials from…
10 Best Ways How to Get Discounts on Car Insurance We are sure that after reading this, you will be able to learn the best way to get discounts on car insurance. It’s time for car owners who are looking for cheap They should follow these simple tips in their daily routine and they will…
What is life insurance and how does it work? Life insurance is a contract between an individual and their insurer. The person pays the premiums, in exchange for which the insurer agrees to pay all or some of that person’s debts if they die. It sounds complicated, but it’s actually pretty simple—when you think about…
How Long Does a Beneficiary Have to Claim a Life Insurance Policy? How long does it take to receive your life insurance policy’s death benefit? For any number of reasons, people delay claiming the money from their loved one’s policies. They may not even know that they are beneficiaries! But if months or years have…