A Comparison of Available Life Insurance Policies
The figure below summarizes and compares the characteristics, markets, advantages and disadvantages, and other features of various types of life … Read more
Life Insurance
An Expert Explanation of Participating and Non-Participating Life Insurance Policies
Because insurance companies must guarantee death benefits and a minimum schedule of cash values in most policies (except variable life … Read more
Life Insurer Expenses and Risk Loadings
Although interest and mortality are the two principle factors in premium calculations, in reality insurance companies must include other factors. … Read more
The Life Insurance Underwriting Process
Through their underwriting process, insurance companies classify or rate insureds by their risk characteristics. Health, occupation, avocations, gender, and habits … Read more
Life Insurance Math Made Simple
The following simplified example illustrates the basic operation of life insurance as a capital accumulation vehicle with both death protection … Read more
Life Insurance as a Savings and Investment Vehicle
Life insurance can be a superb savings and investment vehicle. All conventional investment vehicles serve the same purpose, but the … Read more
The 15 Most Important Legal Aspects of Life Insurance
Legally, life insurance is a contract, governed principally by state law. A life insurance contract promises to pay a specified … Read more
The Principal Uses of Personal and Business Life Insurance
Broadly stated, life insurance is indicated only when there is a NEED. The following is a checklist of common estate … Read more