Insurance is a cover for some unforeseen contingency purchased at a price as a bonus. There are basically two types of insurance a -, life insurance coverage for individuals as well as savings, the other general insurance for loss of items, etc., it is again two types of life insurance - whole life insurance and annuity products as an Endowment Policy.
Life insurance is one, where the premiums paid during the lifetime of the insurer. As long as the insurer, he livesshould continue to pay regular premium. Only the insurer, the legal heirs to enjoy the benefits of political maturity goes. Usually premium is very low, if the insurer adopts a policy at a young age. Premium increases with age at entry level. The policy proceeds for funeral and final ritual of the costs and benefits as a legacy to the legal heirs.
Insurance is a concept in which the insurer decides to pay the premium for a fixed term and at the end of thePremium payment is received by the insurer, the term is either in a lump sum or as monthly pension. This is a kind of savings, coupled with risk cover. If the policyholder agreed before the expiry of the period, the insurer's legal heirs will receive the full face value of the policy together with any accrued bonuses, and they do not have to pay another installment of the premium.
The concept of insurance has many advantages, such as investments. If you put a term insurance for the purposes ofIncrease income in retirement, the insurer can plan well and ensure the same life style, even after retirement. Is premium varies according to age at immigration (since life risk cover with a premium volume of ties) and assured the desired amount plus the Term years selected, for example, a 45 years old man with a policy of $ 50,000 for 15 years term enters the system, the insurance premium is slightly higher compared to a policy for a 30-year-old person for the same period of 15 years and forU.S. $ 50,000. Therefore, it is considered advantageous to take a policy at an early age.
Term life insurance or endowment policies (as they called in the vernacular in some places) that are primarily for savings and investment accounts to cover risks. Most term policies are connected as a unit investment available, in which the insurance premiums collected in the market securities such as equities and debt markets to invest, depending on the risk-return preference of the insured. It is useful forPeople in all walks of life - parents can plan their children's education, young managers have an investment opportunity, middle-aged executives can improve their income and maintain their lifestyle after retirement and managers can use it as cover. So is a multi-term insurance savings products with risk cover catering for all needs.
Recommend : SEA Games 2009 in Vientiane Laos 25th Consolidations Student Loan
ไม่มีความคิดเห็น:
แสดงความคิดเห็น