When defining term insurance, we need to know both what it is, and what it isn’t. What it is, is a level term product that will pay a lump sum whenever it’s policyholder dies or is terminally ill. For the policy holder, this means some peace of mind that the family will have some financial [...]
Archive for the ‘Life Insurance’ Category
Buying Cheap Term Life Insurance
Ever try buying cheap term life insurance? Or better still, should you?
As to the ’should you’ part, it’s often asked and is very easy to answer. If you have anyone who may possibly suffer financially due to the result of your death, or if you own a mortgage, then you really should have it.
Most of [...]