{"id":1236,"date":"2009-11-30T14:41:44","date_gmt":"2009-11-30T09:11:44","guid":{"rendered":"http:\/\/www.niftylivecharts.com\/blog\/?p=1236"},"modified":"2009-11-30T14:41:44","modified_gmt":"2009-11-30T09:11:44","slug":"the-best-life-insurance-policies","status":"publish","type":"post","link":"https:\/\/www.niftylivecharts.com\/blog\/the-best-life-insurance-policies\/","title":{"rendered":"The Best Life Insurance Policies"},"content":{"rendered":"
The Best Life Insurance Policies<\/div>\n
Everyone has an opinion on what the best life insurance policies are. The best thing to do is ask a trusted financial adviser. They will take your situation into consideration and guide you in the right direction. But you must also do your own research in finding the best life insurance policies for you and your family.<\/div>\n
Types<\/div>\n
There are five basic types of life insurance:<\/div>\n
Single Premium life insurance has the insured pay a one-time premium fee and will receive a fully paid life insurance policy. The insurance company does see this as a long-term policy, though, and receives an annual payment.<\/div>\n
Term life insurance gives the insured a designated amount of money, which is a lump sum if death occurs before the designated time. Policies can be bought in time increments of 1, 5, 10, 15, 20 and 30 years.<\/div>\n
Whole life insurance covers a person for an entire lifetime or until the age of 100. The premiums tend to be higher but the payments go toward the policy and part of it goes toward the investment cash part of the policy.<\/div>\n
Universal life insurance is a type of Whole Life, but the investment portion of the policy is invested into a money market instead of the stock market.<\/div>\n
Variable life insurance is also another form of Whole Life but it gives you the option of where you want the investment portion of the money to go.<\/div>\n
Benefits<\/div>\n
The benefits of having life insurance are numerous. Knowing that you have provided for your family is the best way to show them you love them. A sizable life insurance policy will also help your family pay any debts after you die. Your spouse, for instance, may be able to pay off the home rather than making a mortgage payment each month. They can even invest the money wisely and live comfortably off of the interest if your policy is high enough.<\/div>\n

Everyone has an opinion on what the best life insurance policies are. The best thing to do is ask a trusted financial adviser. They will take your situation into consideration and guide you in the right direction. But you must also do your own research in finding the best life insurance policies for you and your family.<\/p>\n

Types<\/span><\/strong><\/h2>\n

There are five basic types of life insurance:<\/p>\n

Single Premium life insurance<\/span><\/strong> has the insured pay a one-time premium fee and will receive a fully paid life insurance policy. The insurance company does see this as a long-term policy, though, and receives an annual payment.<\/p>\n

Term life insurance<\/span><\/strong> gives the insured a designated amount of money, which is a lump sum if death occurs before the designated time. Policies can be bought in time increments of 1, 5, 10, 15, 20 and 30 years.<\/p>\n

Whole life insurance<\/span><\/strong> covers a person for an entire lifetime or until the age of 100. The premiums tend to be higher but the payments go toward the policy and part of it goes toward the investment cash part of the policy.<\/p>\n

Universal life insurance <\/span><\/strong>is a type of Whole Life, but the investment portion of the policy is invested into a money market instead of the stock market.<\/p>\n

Variable life insurance <\/span><\/strong>is also another form of Whole Life but it gives you the option of where you want the investment portion of the money to go.<\/p>\n

Benefits<\/strong><\/span><\/h2>\n

The benefits of having life insurance are numerous. Knowing that you have provided for your family is the best way to show them you love them. A sizable life insurance policy will also help your family pay any debts after you die. Your spouse, for instance, may be able to pay off the home rather than making a mortgage payment each month. They can even invest the money wisely and live comfortably off of the interest if your policy is high enough.<\/p>\n

Everyone has an opinion on what the best life insurance policies are. The best thing to do is ask a trusted financial adviser. They will take your situation into consideration and guide you in the right direction. But you must also do your own research in finding the best life insurance policies for you and your family.<\/div>\n
Types<\/div>\n
There are five basic types of life insurance:<\/div>\n
Single Premium life insurance has the insured pay a one-time premium fee and will receive a fully paid life insurance policy. The insurance company does see this as a long-term policy, though, and receives an annual payment.<\/div>\n
Term life insurance gives the insured a designated amount of money, which is a lump sum if death occurs before the designated time. Policies can be bought in time increments of 1, 5, 10, 15, 20 and 30 years.<\/div>\n
Whole life insurance covers a person for an entire lifetime or until the age of 100. The premiums tend to be higher but the payments go toward the policy and part of it goes toward the investment cash part of the policy.<\/div>\n
Universal life insurance is a type of Whole Life, but the investment portion of the policy is invested into a money market instead of the stock market.<\/div>\n
Variable life insurance is also another form of Whole Life but it gives you the option of where you want the investment portion of the money to go.<\/div>\n
Benefits<\/div>\n
The benefits of having life insurance are numerous. Knowing that you have provided for your family is the best way to show them you love them. A sizable life insurance policy will also help your family pay any debts after you die. Your spouse, for instance, may be able to pay off the home rather than making a mortgage payment each month. They can even invest the money wisely and live comfortably off of the interest if your policy is high enoughThe Best Life Insurance Policies<\/div>\n
Everyone has an opinion on what the best life insurance policies are. The best thing to do is ask a trusted financial adviser. They will take your situation into consideration and guide you in the right direction. But you must also do your own research in finding the best life insurance policies for you and your family.<\/div>\n
Types<\/div>\n
There are five basic types of life insurance:<\/div>\n
Single Premium life insurance has the insured pay a one-time premium fee and will receive a fully paid life insurance policy. The insurance company does see this as a long-term policy, though, and receives an annual payment.<\/div>\n
Term life insurance gives the insured a designated amount of money, which is a lump sum if death occurs before the designated time. Policies can be bought in time increments of 1, 5, 10, 15, 20 and 30 years.<\/div>\n
Whole life insurance covers a person for an entire lifetime or until the age of 100. The premiums tend to be higher but the payments go toward the policy and part of it goes toward the investment cash part of the policy.<\/div>\n
Universal life insurance is a type of Whole Life, but the investment portion of the policy is invested into a money market instead of the stock market.<\/div>\n
Variable life insurance is also another form of Whole Life but it gives you the option of where you want the investment portion of the money to go.<\/div>\n
Benefits<\/div>\n
The benefits of having life insurance are numerous. Knowing that you have provided for your family is the best way to show them you love them. A sizable life insurance policy will also help your family pay any debts after you die. Your spouse, for instance, may be able to pay off the home rather than making a mortgage payment each month. They can even invest the money wisely and live comfortably off of the interest if your policy is high enough.<\/div>\n","protected":false},"excerpt":{"rendered":"

The Best Life Insurance Policies Everyone has an opinion on what the best life insurance policies are. The best thing to do is ask a trusted financial adviser. They will take your situation into consideration and guide you in the right direction. But you must also do your own research in finding the best life […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[3813,3811,3812,3815,3814,3817,3818,3816],"class_list":["post-1236","post","type-post","status-publish","format-standard","category-general","tag-best-life-insurance-policy","tag-insurance","tag-life-insurance","tag-term-life-insurance","tag-types-of-life-insurance","tag-universal-life-insurance","tag-variable-life-insurance","tag-whole-life-insurance","entry"],"_links":{"self":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/1236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/comments?post=1236"}],"version-history":[{"count":0,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/1236\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/media?parent=1236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/categories?post=1236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/tags?post=1236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}