Life insurance plan

by autoinsurance005 » Thu Oct 06, 2011 11:38 am

What is the benefit of having a life insurance plan?

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Total Comments: 4

Posted: Fri Oct 07, 2011 08:10 am Post Subject:

Hi,
The benefit of having a life insurance plan is that after the death of the policyholder, the beneficiary(s) receive the policy proceeds (a certain sum of money). A policyholder can choose from whole life insurance policy or a term life insurance policy according to the necessity. You can buy such an insurance if you're the bread-earner of your family and you're worried about whether or not your family will be able to lead their present lifestyle in your absence. It's advisable that you talk to an insurance agent and shop around before you buy such a policy.

Posted: Wed Oct 12, 2011 12:02 pm Post Subject:

after the death of the policyholder


Better to state: after the death of the INSURED. The policyowner is not always the same person as the insured.

Posted: Wed Oct 12, 2011 02:03 pm Post Subject:

Life insurance plan gives security of finance to your family in case of any misspending and sudden death. And by gods grace everything is well, you still get the principal amount and the total interest rate at the maturity date.

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Links to payday loans removed by Moderator MaxHerr per TOU

Posted: Wed Oct 12, 2011 10:34 pm Post Subject:

That made total sense, can I get a payday loan?

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