GARYANDLANA

You will be covered by a permanent life insurance if you subscribe to one whole life insurance, a universal life insurance or a contract with capital variable. Principal characteristics of permanent insurance policies

Leveled premiums: Majority of permanent insurance policy envisage payment of premiums who remain the same ones for all the length of the contract time, even if risk grows with the age. Life Insurance without participation: Holders of this kind of police do not take part for the benefits of insurance company and do not receive any participations.

Read the rest of this entry »

What is Long Term Care Insurance?

Long term care insurance serves to help those individuals who need extra care and attention as they age. Long term care insurance helps to take financial burden away from family members, and for the individual in need of such care.  A long term care insurance policy may be purchased at any time, though policies are ideally purchased before the need for long term care arises.

Paying the Price of Long Term Care Insurance

Long term care insurance premiums and rates will usually go up as the policyholder ages.  In some cases, long term care insurance will not be needed at all.  In those cases where long term care is needed, however, long term care insurance can be invaluable.

Read the rest of this entry »

  ,  why does one need long term care

Term insurance provides coverage for a pre-specified period. You pay the term insurance premium each month and as long as you pay the premium your policy will stay in force. A portion of your monthly payment pays the insurance and the life insurance company that provided the insurance invests the remainder. While the life insurance company controls the savings in a whole life policy, the savings in a universal life plan are owned and controlled by the policyholder. The major advantage of a universal life policy is tax-advantaged growth. When you pay the policy premium, a portion of the premium pays for the insurance and a portion is invested. Universal life insurance provides a powerful combination of life insurance and tax-advantaged investment opportunities. Investors should realize that universal life insurance premiums work twice as hard as other premiums.

Read the rest of this entry »

  ,  whole life insurance investment