Life Insurance Glossary
June 19, 2008 by Be Safe Insure
Filed under Life
The field of Life insurance has a language of its own. This is a Life Insurance glossary with the most common life insurance definitions explained. Life Insurance Definitions Beneficiary The person(s) named by the owner of the policy to receive the life insurance proceeds upon the death of the insured. Cash (Surrender) Value The amount [...]
The Basics Of Life Insurance
November 26, 2007 by Be Safe Insure
Filed under Annuities, Income Insurance, Life, Term Life Insurance, Whole Life Insurance
Life insurance is a means for providing financial protection for your family in the event of your death. A life insurance contract is relatively straightforward; you agree to pay a premium at regular intervals, and the insurance company agrees to pay a certain sum of money to your beneficiary upon your death. The Definitions of [...]
