life insurance information
Basic Life Insurance Information
Photo Credit Image by Flickr.com, courtesy of Mike Baird
Many people purchase life insurance to protect their families against being without money in the event of their untimely death. Others buy life insurance as an investment, planning on taking out some of the money from their policies at a later date or borrowing against it. There are many different types of life insurance available to suit these and other goals of policyholders.
History
Types
The two main types of life insurance are whole life and term life policies. Term life insurance is the most basic kind and is simply a policy in which you pay a specified amount each month, and the policy pays out a specific large amount to your beneficiary if you die while the policy is active. Whole life policies are more expensive per month, but also contain a savings... http://for-insurance.ucoz.com/news/life_insurance_information/2013-05-31-2671
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