Life Insurance Articles

Viatical Settlement Provider

Viatical Settlement Provider

The word viatical comes from the Latin word “viaticus”, meaning “provisions for a long journey”. A viatical settlement is defined as the transfer or sale of a life insurance death benefit to another person or another company if the
Variable Universal Life Insurance

Variable Universal Life Insurance

This type of policy is more likely suited for people who take the driver’s seat while riding a car. The feature of Variable Universal Life Insurance (VUL) is a combination of Variable life and Universal life insurance. It offers
Acceptance

Acceptance

The terminology “acceptance” refers to a person’s conformity in order to experience a circumstance, following a procedure or condition without the attempt to modify, alter, exit or protest it. Acceptance as one notion shows in the Eastern religious perceptions like human
Variable Annuitization

Variable Annuitization

For people searching for ways to save for retirement, aside from 401k plan or an IRA may opt to invest in an annuity. The term annuity provides all the benefits of a taxed-deferred growth as well as professional money
Accumulated Amount

Accumulated Amount

The total amount initially invested into the insurance account plus the calculated sum of the interests earned for the whole duration of the account is termed in insurance as the accumulated amount. It can be sufficiently stated that it
Accidental Means

Accidental Means

Accidents are unexpected turn of events, very common to cause bodily injuries, of which the severity is a relative basis for insurances. This kind of occurrence should be proven to be unintentional so as to be acknowledged by the
Variable Universal Life Insurance

Variable Universal Life Insurance

This type of policy is more likely suited for people who take the driver’s seat while riding a car. The feature of Variable Universal Life Insurance (VUL) is a combination of Variable life and Universal life insurance. It offers
Viatical Settlement Provider

Viatical Settlement Provider

The word viatical comes from the Latin word “viaticus”, meaning “provisions for a long journey”. A viatical settlement is defined as the transfer or sale of a life insurance death benefit to another person or another company if the
Whole Life Insurance

Whole Life Insurance

Whole life insurance is one type of life insurance which covers one for his or her life. It basically requires a medical exam at the very start of the policy. Moreover, as the individual contributes to the premiums,
What is a Waiver of Premium?

Waiver of Premium

A waiver of premium is a provision in an insurance policy that ensures the continuation of the policy’s effectivity in the event that the policyholder can no longer pay the premiums. This rider that is attached typically to
What is a Universal Life Insurance?

What is a Universal Life Insurance?

Universal life insurance was introduced in the years 1981-1982 as a permanent life insurance which rests on cash value. It has the features of both a term and whole life insurance which allows policy holders
All about Whole Life Insurance

Whole Life Insurance

Whole life insurance is one type of life insurance which covers one for his or her life. It basically requires a medical exam at the very start of the policy. Moreover, as the individual contributes to the premiums,