LifeStyle Archives - 2MacWin
Annuity Payment Options

Annuity Payment Options

Annuity Payment Options Annuity payouts for a life insurance policy can take many forms. Here are the most common options: 1. Monthly Income Payments for Life. Beneficiaries can choose to receive a specified amount monthly for the rest of their lives. The insurance...
Life Insurance Payout Choices

Life Insurance Payout Choices

LIFE INSURANCE PAYOUT CHOICES Illustration of family life insurance In the event that you pass away, your listed beneficiaries will be paid the insured amount of your policy provided that it was vested at the time. To receive their money, they must first file a claim...
Survivorship Life Insurance

Survivorship Life Insurance

SURVIVORSHIP LIFE INSURANCE If you anticipate accumulating over $1.3 million in your lifetime (which can be likely if you start young), then having a survivorship life insurance policy to cover both you and your spouse will prevent your heirs from having to pay estate...
Universal Life Insurance

Universal Life Insurance

UNIVERSAL LIFE INSURANCE Universal life insurance is similar in some ways to whole life insurance. Both types of insurance provide life insurance plus an investment of some form that you will contribute to regularly and which can earn you a return on your investment....
Shopping For Life Insurance

Shopping For Life Insurance

SHOPPING FOR LIFE INSURANCE To shop for life insurance, you should perform the following steps: A. Start to research companies and policies. You could know the financial ratings of all insurance companies in the A. M. Best Company at www.ambest.com. In business for...
Why Buy Life Insurance?

Why Buy Life Insurance?

WHY BUY LIFE INSURANCE? You might need life insurance for many reasons. First, having a life insurance policy provides you with peace of mind. You can know that if you were to die unexpectedly, there would be money to help your family get through those early months or...
Introduction To Life Insurance

Introduction To Life Insurance

Introduction To Life Insurance If you are a parent of a child or children under the age of eighteen or want to leave money behind to help your family pay for your final expenses and have some financial security once you have gone, then life insurance will be a...