What Type Of Life Insurance Is Right For Me?

Definition of "What type of Life Insurance is right for me?"

A life insurance policy can help enable your family to remain financially if you or your spouse should die. Insurance company understands that life is constantly changing, so we have developed a variety of life insurance policies to meet your changing needs. And, because many families depend on two incomes just to make ends meet various companies, offer that can insure more than one person . protecting the total family income.

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Popular Insurance Glossary Terms

Organization following the format of Lloyd's of London. ...

worth of each accumulation unit at the end of each valuation period for a variable annuity. This value is similar to that of the net asset value for a mutual fund. ...

Figure used in calculating a worker's primary insurance amount (PIA) to determine Social Security benefits in the following manner: calculate the number of years between the worker's ...

Report developed by or supplied by a credit agency to an insurer dealing with the financial standing and character of an insurance applicant. These factors are carefully weighted by the ...

Investment risk associated with the possibility that there is a rise in the interest rates after a fixed income security has been purchased resulting in a decline in that security's price. ...

Maximum limit of liability of an insurance company for a particular claim or kind of loss that is applicable in general to all such claims or losses. This maximum limit of liability is ...

clause found in health insurance contracts that requires the insured to pay a specified percentage of the covered health care expenses. ...

Minimum amount of coverage for which a company will write a liability insurance policy. ...

Same as term Floater: coverage for property which moves from location to location either on a scheduled or unscheduled basis. If the floater covers scheduled property, coverage is listed ...