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

Money expended with the object of profit. The goal of an insurance company is to invest in assets with a rate of return greater than that to be paid out as benefits under its policies. ...

Retirement plan under which contributions are fixed in advance by formula, and benefits vary. These plans are often used by organizations that must know what the cost of employee benefits ...

Acceptance of an application for an insurance policy by the insurance company, indicated by the signature of an officer of the company on the policy. The officer, who must have signature ...

Real property (structure (s) attached to the land) that is occupied and/or is under the care, custody, or control of an individual, individuals, or an organization for which an insurance ...

Flat amount added to the basic premium rate to reflect the cost of issuing a policy, establishing the required records, sending premium notices, and other related expenses. ...

Reductions in the value of property due to physical damage or destruction. ...

Value of an insurance company or other company that consists of capital and surplus and an estimated value for business on the company's books. ...

Addition to a workers compensation insurance policy to cover payments to injured employees who are not covered by a state's workers compensation law. This endorsement provides employees who ...

Right to insurable interest in property such as the right of a secured creditor in the property pledged as security. ...