Life Insurance
Life insurance is either a protection policy or an investment policy. Protection life insurance typically pays a predetermined financial payment to the designated beneficiaries in the event of the policyholder’s death. Investment life insurance plans such as whole life, universal life and variable life polices provide for the growth of a … Keep Reading → capital investment. Accidental death and dismemberment insurance (or accidental death) provides compensation for death or the loss of limbs, sight or hearing. An accidental death rider can be added to standard life insurance and the coverage then becomes double indemnity. Life insurance plans for seniors that are sometimes called final expense insurance and special needs individuals cover these unique situations. Explore the variety of life insurance options in this informative Hub.
