• How to Build a Strong Sales Pitch When Selling Insurance

    This is a recording of a webinar on how to build a strong sales pitch when selling insurance related products. You can get the slides from this presentation on our website here https://salesscripter.com/sales-training-webinar-build-a-strong-sales-pitch-for-insurance-sales/ Get more of our tips by connecting with us on: Subscribe to our YouTube channel here http://ow.ly/UWQFN Like us on Facebook here https://www.facebook.com/SalesScripter/ Follow us on twitter @salesscripter Join our email tips list here http://ow.ly/UWRaW

    published: 11 Feb 2016
  • Are Life Insurance Companies Financially Strong? What About AIG?

    More info available at: https://www.monegenix.com Are life insurance companies financially strong? What about the failure of AIG during the 2008 financial crisis? Doesn't that prove that insurance companies are no more stable than banks? Learn the truth about the technical solvency of life insurers.

    published: 18 Feb 2017
  • Term vs Whole Life Insurance

    Why are we such strong advocates of term insurance? Because Whole Life insurance is not only expensive and inflexible, it's unnecessary. The bottom line is: Term insurance is the only way we can insure ourselves fully without over-burdening ourselves with premiums. People are also often told that Whole Life insurance is better because they are able to get money back if they choose to surrender the policy. We explain why that statement is only half the truth.

    published: 25 May 2015
  • What Is Life Insurance Annuity? : Life Insurance & More

    Subscribe Now: http://www.youtube.com/subscription_center?add_user=Ehowfinance Watch More: http://www.youtube.com/Ehowfinance Life insurance annuity is a term that is defined in a very particular way. Learn about life insurance annuity with help from a longtime financial planner in this free video clip. Expert: Karen Lee Filmmaker: Edward Castner Series Description: It's never too early to start thinking about life insurance, retirement and other types of financial-related plans that are an absolute necessity in today's world. Learn how to get the most for your dollar and plan for your future in the proper way with help from a longtime financial planner in this free video series.

    published: 21 Dec 2012
  • Basics of Life Insurance - Ratings and Balance Sheets of Life Insurance Companies

    Rating Services: AM Best, S&P, Moodys', Fitch, Weiss, Comdex Claims Paying Ability Financial Strength and Stability A.M. Best Company Rating A+ (2) Superior. Assigned to companies that have, in our opinion, a superior ability to meet their ongoing obligations to policyholders. Standard & Poor's Financial Strength Rating A+ (5) An insurer rated 'A' has STRONG financial security characteristics, but is somewhat more likely to be affected by adverse business conditions than are insurers with higher ratings. Moody's Financial Strength Rating A1 (5) Insurance companies rated A offer good financial security. However, elements may be present which suggest a susceptibility to impairment sometime in the future. Fitch Ratings' Insurer Financial Strength Rating A- (7) Strong. 'A' IFS ratings den...

    published: 11 May 2012
  • Sales Techniques - How to sell life insurance - Ask Evan

    * Join my BELIEVE newsletter: http://www.evancarmichael.com/newsletter/ In this video I answer a question from one my readers who asked: "Hey Evan, Thank you for your timely response. I am trying to sell life insurance and am trying to find the most savy approach. I stumbled upon you through an insurance person who's name slips my mind. However, I am just looking at the most economical way to start this life and short term insurance venture. Besides my blood relatives, which I literally only have 3 at this point of my life, I do not really have they great of a plan save possible going door to door putting flyers on people's doors letting them know what I do. THis seems very time-consuming and not very productive. I have considered search engines but those are probably unaffordab...

    published: 16 Feb 2012
  • Video On Building a Strong Financial Foundation in Financial Planning

    http://www.kevinwenke.com A financial plan is only as strong as its weakest link. Building a strong financial foundation protects your interests providing you with "peace of mind."

    published: 07 Jan 2014
  • Life Insurance as an Investment

    Using cash value life insurance as an investment may be an option you hadn't considered. There are many ways that using this type of tool can help to strengthen the way you currently spend your money and operate your finances. Life insurance as an investment uses many of the strongest financial principles to help build a stronger investment mentality. Not only does life insurance offer strong growth, it also offers us a place to put our money where we can have a growth benchmark, making us not only smarter investors but also giving us much better growth without the risk. Learn more about Cash Value Life Insurance at... http://Daniel-Thompson.com

    published: 22 Apr 2014
  • Linklaters - The outlook for life insurance in Europe

    Life changing: The outlook for life insurance in Europe combines Linklaters' legal and market insight with the candid views of 100 senior executives from Europe's largest life insurers, representing around one-fifth of the market. Amidst a "perfect storm" of low yields, strong competition and increasing capital pressures, our study reveals that European life insurers are actively taking steps to preserve margins such as cutting costs, reviewing product design and adopting more aggressively yield-driven investment strategies.

    published: 25 Sep 2013
  • Cash Is King: Part 8 - What is Specially Designed Life Insurance?

    Cash Is King: Part 8 - What is Specially Designed Life Insurance? Get the FREE Cash Flow Generator Guide Here: http://marshallsinsurance.com/cashflowgenerator How can you store your cash in a way that you control it?  The most important attributes you want on an account where you store cash are SAFETY, LIQUIDITY, and GROWTH.   We use a concept called the Private Reserve, built on the Infinite Banking Concept, popularized by Nelson Nash. You want your money earning UNINTERRUPTED COMPOUND INTEREST.  To do this, you don’t want to deplete your reserves, but to LEVERAGE your reserves as collateral. The most powerful tool I have seen is Specially-Designed Whole Life Insurance with a mutual company.  This is structured to pay dividends, have high cash value up front, and strong long-term gro...

    published: 27 May 2017
  • sigma 3/2016 World insurance in 2015: strong or weak?

    The re/insurance industry faced another challenging year in 2015, with moderate global economic growth of 2.5% and still-low interest rates. Despite the challenging environment, the industry performed steadily, with global direct life and non-life insurance premiums written up by 3.8% in real (inflation adjusted) terms after a 3.5%-gain in 2014. However, in nominal US dollar terms, premiums were down by 4.2%, due to a decline in the advanced markets. The decline in nominal terms can be seen as sign of weakness in the insurance markets, but the fall in nominal values happened because many advanced market currencies depreciated against the US dollar. Learn more on our website: http://www.swissre.com/sigma

    published: 29 Jun 2016
  • National Benefit Life Insurance Company

    National Benefit Life Insurance Company Your National Profit Life Insurance Company invoice is due, and we have got you covered. In the event you live in one other state where National Profit presents insurance, name the corporate and request a incapacity insurance coverage declare form for that state at 1-800-535-2711. In line with a reliable source National Profit Life Insurance coverage Company received a strong rating from the Insurance Market Standards Association, Commonplace and Poor's and A.M. greatest. It has additionally received a Myriad award from impartial buyer group around the nation. You will need the demise declare kind before you may obtain the proceeds of the insurance policy. Download the incapacity declare form from the National Benefit Life Insurance coverage Firm'...

    published: 10 Jul 2015
  • #DhoniKaSaath - Exide Life Insurance 45 sec (Telugu)

    Whether it’s your neighbour or your family doctor, long term relationships are the ones you can rely on. Especially when it comes to your family. And give your loved ones the assurance of a long and happy life with the long term protection, savings and investment plans from Exide Life Insurance. #DhoniKaSaath Mahendra Singh Dhoni who represents the aspirations of millions, has a strong mass appeal and followership compared to any other sporting icon in India. Dhoni is the perfect brand ambassador for Exide life Insurance as he embodies the values of Exide life Insurance. He is Dependable, Dynamic, Responsive and Foresighted. Learn more about our protection, savings & investment products http://www.exidelife.in/products

    published: 29 Jun 2016
  • The real benefit of buying life insurance.MTS

    Life Insurance has a strong intangible benefit in its ability to provide with a peace of mind. It is that financial document which provides money to the benficiary(ies) when they need the most.

    published: 24 Jun 2011
  • High Quality, Low Cost, Term Life Insurance

    At www.doyouspendsmart.com we give you the tools that you need to lay a strong foundation in life. What you do with those tools is up to you! Get your Term Life Insurance quotation today... You will be glad that you did. If you would like to receive a quote please visit http://www.doyouspendsmart.com/solutions

    published: 22 Dec 2015
  • What's The Difference Between Term And Permanent Life Insurance Policies?

    Term or Permanent Life Insurance? Which one meets your needs? The term versus permanent life insurance debate has gone on for years, as if it were possible to say that one type of coverage is all good, the other all bad. Sorry, it’s just not that simple. Term insurance is designed to help people purchase the protection they need when they can’t afford to purchase all permanent insurance or when they only need coverage for a specific period of time. Term life insurance has a guaranteed death benefit but no cash value and the premiums will increase at pre-determined intervals such as 1 year, 5 years, 10 years and 20 years. It is also very often the product of choice when protection needs may be high for a period of time, then drop back, such as when your family is growing. Term insurance ...

    published: 24 Aug 2016
How to  Build a Strong Sales Pitch When Selling Insurance

How to Build a Strong Sales Pitch When Selling Insurance

  • Order:
  • Duration: 53:28
  • Updated: 11 Feb 2016
  • views: 741
videos
This is a recording of a webinar on how to build a strong sales pitch when selling insurance related products. You can get the slides from this presentation on our website here https://salesscripter.com/sales-training-webinar-build-a-strong-sales-pitch-for-insurance-sales/ Get more of our tips by connecting with us on: Subscribe to our YouTube channel here http://ow.ly/UWQFN Like us on Facebook here https://www.facebook.com/SalesScripter/ Follow us on twitter @salesscripter Join our email tips list here http://ow.ly/UWRaW
https://wn.com/How_To_Build_A_Strong_Sales_Pitch_When_Selling_Insurance
Are Life Insurance Companies Financially Strong? What About AIG?

Are Life Insurance Companies Financially Strong? What About AIG?

  • Order:
  • Duration: 3:36
  • Updated: 18 Feb 2017
  • views: 10
videos
More info available at: https://www.monegenix.com Are life insurance companies financially strong? What about the failure of AIG during the 2008 financial crisis? Doesn't that prove that insurance companies are no more stable than banks? Learn the truth about the technical solvency of life insurers.
https://wn.com/Are_Life_Insurance_Companies_Financially_Strong_What_About_Aig
Term vs Whole Life Insurance

Term vs Whole Life Insurance

  • Order:
  • Duration: 3:56
  • Updated: 25 May 2015
  • views: 1314
videos
Why are we such strong advocates of term insurance? Because Whole Life insurance is not only expensive and inflexible, it's unnecessary. The bottom line is: Term insurance is the only way we can insure ourselves fully without over-burdening ourselves with premiums. People are also often told that Whole Life insurance is better because they are able to get money back if they choose to surrender the policy. We explain why that statement is only half the truth.
https://wn.com/Term_Vs_Whole_Life_Insurance
What Is Life Insurance Annuity? : Life Insurance & More

What Is Life Insurance Annuity? : Life Insurance & More

  • Order:
  • Duration: 2:28
  • Updated: 21 Dec 2012
  • views: 3170
videos
Subscribe Now: http://www.youtube.com/subscription_center?add_user=Ehowfinance Watch More: http://www.youtube.com/Ehowfinance Life insurance annuity is a term that is defined in a very particular way. Learn about life insurance annuity with help from a longtime financial planner in this free video clip. Expert: Karen Lee Filmmaker: Edward Castner Series Description: It's never too early to start thinking about life insurance, retirement and other types of financial-related plans that are an absolute necessity in today's world. Learn how to get the most for your dollar and plan for your future in the proper way with help from a longtime financial planner in this free video series.
https://wn.com/What_Is_Life_Insurance_Annuity_Life_Insurance_More
Basics of Life Insurance - Ratings and Balance Sheets of Life Insurance Companies

Basics of Life Insurance - Ratings and Balance Sheets of Life Insurance Companies

  • Order:
  • Duration: 14:41
  • Updated: 11 May 2012
  • views: 3006
videos
Rating Services: AM Best, S&P, Moodys', Fitch, Weiss, Comdex Claims Paying Ability Financial Strength and Stability A.M. Best Company Rating A+ (2) Superior. Assigned to companies that have, in our opinion, a superior ability to meet their ongoing obligations to policyholders. Standard & Poor's Financial Strength Rating A+ (5) An insurer rated 'A' has STRONG financial security characteristics, but is somewhat more likely to be affected by adverse business conditions than are insurers with higher ratings. Moody's Financial Strength Rating A1 (5) Insurance companies rated A offer good financial security. However, elements may be present which suggest a susceptibility to impairment sometime in the future. Fitch Ratings' Insurer Financial Strength Rating A- (7) Strong. 'A' IFS ratings denote a low expectation of ceased or interrupted payments. They indicate strong capacity to meet policyholder and contract obligations. This capacity may, nonetheless, be more vulnerable to changes in circumstances or in economic conditions than is the case for higher ratings. Comdex Ranking - VitalSigns Composite Index 86 The Comdex gives the average percentile ranking of this company in relation to all other companies that have been rated by the rating services. The Comdex Ranking is the percentage of companies that are rated lower than this company. Life Insurance Basic Entry Manual: Order- thebiz@brokersalliance.com Download Lincoln Benefit Life's user friendly proposal software and follow Steve Savant as he teaches the basic concepts of life insurance at www.lblsales.com/etw EduTrainment workshops is sponsored by Lincoln Benefit Life, An Allstate Company.
https://wn.com/Basics_Of_Life_Insurance_Ratings_And_Balance_Sheets_Of_Life_Insurance_Companies
Sales Techniques - How to sell life insurance - Ask Evan

Sales Techniques - How to sell life insurance - Ask Evan

  • Order:
  • Duration: 7:10
  • Updated: 16 Feb 2012
  • views: 110440
videos
* Join my BELIEVE newsletter: http://www.evancarmichael.com/newsletter/ In this video I answer a question from one my readers who asked: "Hey Evan, Thank you for your timely response. I am trying to sell life insurance and am trying to find the most savy approach. I stumbled upon you through an insurance person who's name slips my mind. However, I am just looking at the most economical way to start this life and short term insurance venture. Besides my blood relatives, which I literally only have 3 at this point of my life, I do not really have they great of a plan save possible going door to door putting flyers on people's doors letting them know what I do. THis seems very time-consuming and not very productive. I have considered search engines but those are probably unaffordable for me considering I would be competing with the Giecos and Progressives of the world. VERY MUCH OPEN TO SUGGESTIONS, again thanks for asking, Joe" ENGAGE * Subscribe to my channel: http://www.youtube.com/subscription_center?add_user=Modelingthemasters * Leave a comment, thumbs up the video (please!) * Suppport me: http://www.evancarmichael.com/support/ CONNECT * Twitter: https://twitter.com/evancarmichael * Facebook: https://www.facebook.com/EvanCarmichaelcom * Google+: https://plus.google.com/108469771690394737405/posts * Website: http://www.evancarmichael.com EVAN * About: http://www.evancarmichael.com/about/ * Products: http://www.evancarmichael.com/zhuge/ * Coaching: http://www.evancarmichael.com/movement/ * Speaking: http://www.evancarmichael.com/speaking/ SCHEDULE * Mon - 1 Minute Mondays: https://www.youtube.com/playlist?list=PLiZj-Ik9MmM2HwduoMCpvZRhd2qE22Fg- * Tues - Tech Tuesdays: https://www.youtube.com/playlist?list=PLiZj-Ik9MmM3NGvdl33mEwdUdr19zti9s * Thurs - Thankful Thursdays: https://www.youtube.com/playlist?list=PLiZj-Ik9MmM2Scsq-0Er3mA8U3Kqz9fiV * Fri - Famous Fridays: https://www.youtube.com/playlist?list=PLiZj-Ik9MmM30QoA2ygo5RWzfQm8y7ScL * Sun - Famous Failures: https://www.youtube.com/playlist?list=PLiZj-Ik9MmM2aeaKPqI5ILrNcLjbQZDob * Your Questions - Every day!
https://wn.com/Sales_Techniques_How_To_Sell_Life_Insurance_Ask_Evan
Video On Building a Strong Financial Foundation in Financial Planning

Video On Building a Strong Financial Foundation in Financial Planning

  • Order:
  • Duration: 4:32
  • Updated: 07 Jan 2014
  • views: 959
videos
http://www.kevinwenke.com A financial plan is only as strong as its weakest link. Building a strong financial foundation protects your interests providing you with "peace of mind."
https://wn.com/Video_On_Building_A_Strong_Financial_Foundation_In_Financial_Planning
Life Insurance as an Investment

Life Insurance as an Investment

  • Order:
  • Duration: 16:01
  • Updated: 22 Apr 2014
  • views: 2363
videos
Using cash value life insurance as an investment may be an option you hadn't considered. There are many ways that using this type of tool can help to strengthen the way you currently spend your money and operate your finances. Life insurance as an investment uses many of the strongest financial principles to help build a stronger investment mentality. Not only does life insurance offer strong growth, it also offers us a place to put our money where we can have a growth benchmark, making us not only smarter investors but also giving us much better growth without the risk. Learn more about Cash Value Life Insurance at... http://Daniel-Thompson.com
https://wn.com/Life_Insurance_As_An_Investment
Linklaters - The outlook for life insurance in Europe

Linklaters - The outlook for life insurance in Europe

  • Order:
  • Duration: 8:15
  • Updated: 25 Sep 2013
  • views: 508
videos
Life changing: The outlook for life insurance in Europe combines Linklaters' legal and market insight with the candid views of 100 senior executives from Europe's largest life insurers, representing around one-fifth of the market. Amidst a "perfect storm" of low yields, strong competition and increasing capital pressures, our study reveals that European life insurers are actively taking steps to preserve margins such as cutting costs, reviewing product design and adopting more aggressively yield-driven investment strategies.
https://wn.com/Linklaters_The_Outlook_For_Life_Insurance_In_Europe
Cash Is King: Part 8 - What is Specially Designed Life Insurance?

Cash Is King: Part 8 - What is Specially Designed Life Insurance?

  • Order:
  • Duration: 11:19
  • Updated: 27 May 2017
  • views: 40
videos
Cash Is King: Part 8 - What is Specially Designed Life Insurance? Get the FREE Cash Flow Generator Guide Here: http://marshallsinsurance.com/cashflowgenerator How can you store your cash in a way that you control it?  The most important attributes you want on an account where you store cash are SAFETY, LIQUIDITY, and GROWTH.   We use a concept called the Private Reserve, built on the Infinite Banking Concept, popularized by Nelson Nash. You want your money earning UNINTERRUPTED COMPOUND INTEREST.  To do this, you don’t want to deplete your reserves, but to LEVERAGE your reserves as collateral. The most powerful tool I have seen is Specially-Designed Whole Life Insurance with a mutual company.  This is structured to pay dividends, have high cash value up front, and strong long-term growth. What is Specially-Designed Whole Life Insurance?  It’s not an investment, but a place to store cash where money is secure.   We dig into how it works and why, including: GrowthCompany with strong financials (A ratings or higher by Moody’s, Fitch, and Standard & Poor’s) • 3 - 5% growth over a 30+ year timeframe • Over 100-year history of consecutive profitability Safety: • Guarantees backed by dollar-for-dollar reserves (unlike traditional banking system, life insurance companies cannot use leverage to create wealth) • Cash value that only grows, never goes down in value Liquidity: • Because your cash value is your asset, you can access your cash at any time, for any reason • To access your cash value, you borrow against your cash value, using leverage that allows your money to keep growing When you utilize your cash value to collateralize opportunities, you can stack your investments, earning a rate of return in two places at the same time. Specially-designed life insurance is a tool of the wealthy to build cash and cash flow and to be in a position of keeping and controlling more of their resources. I believe the best position for anyone to be in is to have access to the information and tools so they can make well-informed decisions in their wealth creation journey. Recommended resources: • Becoming Your Own Banker – Nelson Nash • Live Your Life Insurance – Kim D. H. ButlerBusting the Life Insurance Lies – Kim D. H. Butler and Jack Burns, with James Ranson • Understanding Specially Designed Life Insurance Contracts (SDLIC): Thinking Differently about the Flexibility, Access, and Control of Your MoneyJohn Moriarty • Killing Sacred Cows – Garrett Gunderson • Financial Independence in the 21stst Century – Dwayne Burnell, Suzanne Burnell • Discovering Hidden Treasures: Hidden truths about creating, retaining, and transferring wealth! – Dan ThompsonConfessions of a CPABryan S. Bloom, CPA Read Blog Here: http://marshallsinsurance.com/cash-is-king-part-8-what-is-specially-designed-life-insurance/ #fulllifewealth #cashisking ”Music: http://www.bensound.com/royalty-free-music"
https://wn.com/Cash_Is_King_Part_8_What_Is_Specially_Designed_Life_Insurance
sigma 3/2016 World insurance in 2015: strong or weak?

sigma 3/2016 World insurance in 2015: strong or weak?

  • Order:
  • Duration: 2:31
  • Updated: 29 Jun 2016
  • views: 144
videos
The re/insurance industry faced another challenging year in 2015, with moderate global economic growth of 2.5% and still-low interest rates. Despite the challenging environment, the industry performed steadily, with global direct life and non-life insurance premiums written up by 3.8% in real (inflation adjusted) terms after a 3.5%-gain in 2014. However, in nominal US dollar terms, premiums were down by 4.2%, due to a decline in the advanced markets. The decline in nominal terms can be seen as sign of weakness in the insurance markets, but the fall in nominal values happened because many advanced market currencies depreciated against the US dollar. Learn more on our website: http://www.swissre.com/sigma
https://wn.com/Sigma_3_2016_World_Insurance_In_2015_Strong_Or_Weak
National Benefit Life Insurance Company

National Benefit Life Insurance Company

  • Order:
  • Duration: 4:24
  • Updated: 10 Jul 2015
  • views: 77
videos
National Benefit Life Insurance Company Your National Profit Life Insurance Company invoice is due, and we have got you covered. In the event you live in one other state where National Profit presents insurance, name the corporate and request a incapacity insurance coverage declare form for that state at 1-800-535-2711. In line with a reliable source National Profit Life Insurance coverage Company received a strong rating from the Insurance Market Standards Association, Commonplace and Poor's and A.M. greatest. It has additionally received a Myriad award from impartial buyer group around the nation. You will need the demise declare kind before you may obtain the proceeds of the insurance policy. Download the incapacity declare form from the National Benefit Life Insurance coverage Firm's web site in case you live in New York or New Jersey. The downloadable varieties are used for disabilities that result from work-associated illness or accidents. There are hundreds of insurance coverage corporations having completely different insurance policies and protection but, this insurance coverage company provides the very best among the many relaxation. NBL has greater than $30 Billion face quantities on file and this retains on going and growing increasingly more as people seek life insurance coverage from them. At the moment, the corporate covered half one million people working for thousand employers, operates in a nationwide level, covering enterprise from all 50 states.
https://wn.com/National_Benefit_Life_Insurance_Company
#DhoniKaSaath - Exide Life Insurance 45 sec (Telugu)

#DhoniKaSaath - Exide Life Insurance 45 sec (Telugu)

  • Order:
  • Duration: 0:46
  • Updated: 29 Jun 2016
  • views: 615
videos
Whether it’s your neighbour or your family doctor, long term relationships are the ones you can rely on. Especially when it comes to your family. And give your loved ones the assurance of a long and happy life with the long term protection, savings and investment plans from Exide Life Insurance. #DhoniKaSaath Mahendra Singh Dhoni who represents the aspirations of millions, has a strong mass appeal and followership compared to any other sporting icon in India. Dhoni is the perfect brand ambassador for Exide life Insurance as he embodies the values of Exide life Insurance. He is Dependable, Dynamic, Responsive and Foresighted. Learn more about our protection, savings & investment products http://www.exidelife.in/products
https://wn.com/Dhonikasaath_Exide_Life_Insurance_45_Sec_(Telugu)
The real benefit of buying life insurance.MTS

The real benefit of buying life insurance.MTS

  • Order:
  • Duration: 3:49
  • Updated: 24 Jun 2011
  • views: 126
videos
Life Insurance has a strong intangible benefit in its ability to provide with a peace of mind. It is that financial document which provides money to the benficiary(ies) when they need the most.
https://wn.com/The_Real_Benefit_Of_Buying_Life_Insurance.Mts
High Quality, Low Cost, Term Life Insurance

High Quality, Low Cost, Term Life Insurance

  • Order:
  • Duration: 1:01
  • Updated: 22 Dec 2015
  • views: 7
videos
At www.doyouspendsmart.com we give you the tools that you need to lay a strong foundation in life. What you do with those tools is up to you! Get your Term Life Insurance quotation today... You will be glad that you did. If you would like to receive a quote please visit http://www.doyouspendsmart.com/solutions
https://wn.com/High_Quality,_Low_Cost,_Term_Life_Insurance
What's The Difference Between Term And Permanent Life Insurance Policies?

What's The Difference Between Term And Permanent Life Insurance Policies?

  • Order:
  • Duration: 2:06
  • Updated: 24 Aug 2016
  • views: 1601
videos
Term or Permanent Life Insurance? Which one meets your needs? The term versus permanent life insurance debate has gone on for years, as if it were possible to say that one type of coverage is all good, the other all bad. Sorry, it’s just not that simple. Term insurance is designed to help people purchase the protection they need when they can’t afford to purchase all permanent insurance or when they only need coverage for a specific period of time. Term life insurance has a guaranteed death benefit but no cash value and the premiums will increase at pre-determined intervals such as 1 year, 5 years, 10 years and 20 years. It is also very often the product of choice when protection needs may be high for a period of time, then drop back, such as when your family is growing. Term insurance can also be an effective way to supplement permanent insurance during high-need years, such as when family and other financial responsibilities are outpacing income. In these situations, term coverage allows you to obtain crucial death benefit protection without breaking your budget. Also, if the coverage is convertible (the coverage can be “converted” to a comparable cash value policy, without the need to provide evidence of inscrutability), you can get the coverage you need today—with the ability to obtain permanent coverage in the future. In this respect, term insurance Permanent life insurance is one of the most confusing topics in personal finance. This makes a discussion of whether to buy term or permanent insurance a daunting task. Let’s first define some terms: Term insurance provides a level premium and a level-death benefit protection for a stated period of time, such as 10 or 20 years. Permanent insurance typically provides both a death benefit and cash savings. There are different types of permanent insurance, including whole life, universal life, index-universal life, variable life and variable-universal life. The initial premium for permanent insurance is higher than for term insurance with a comparable death benefit. A portion of the premium may be invested, eventually providing a buildup of cash value. The value of Permanent Life Insurance Cash value life insurance can be a strong long-term solution for many people. The reasons: Cash value life insurance provides life-long insurance protection, provided premiums are paid. With few exceptions, once you have been approved for the coverage, your policy cannot be canceled by the carrier. Regardless of your health, the insurance will remain in force. Despite higher initial premiums, cash value life insurance can actually be less expensive than term in the long run. Most permanent policies are eligible for dividends, which are not guaranteed, if and when they are declared by the insurance company. Many companies offer the option to apply current and accumulated dividend values towards payment of all or part of the premiums. If dividend values are sufficient, out-of-pocket premium payments may end or be reduced after several years, yet coverage can continue for life. So while premiums must be paid under both the permanent and term insurance plans, long-term out-of-pocket cost of permanent life insurance may be lower compared to the total cost for a term policy. ################################################################################################ Keywords- What's The Difference Between Term And Permanent Life Insurance Policies? insurance policy insurance premium comprehensive insurance lic insurance claim term life whole life drive insurance auto insurance agent insurance policy life cycle, insurance policy administration system, insurance policy method, insurance policy sale, health insurance policy, life insurance policy, whole life insurance policy, variable life insurance policy, oracle insurance policy administration ################################################################################################ To know More- adf.ly- http://adf.ly/1dPVTS facebook- https://www.facebook.com/Car-Insurance-Helpline-840051889429491 google plus- https://plus.google.com/u/0/107338433996691557805
https://wn.com/What's_The_Difference_Between_Term_And_Permanent_Life_Insurance_Policies
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