General Life Insurance

The Easiest Way to Save Money on Your Life Insurance Policy

Written by Termland.com

Let’s face it, in these tough economic times, everyone wants to save money. That is certainly true when it comes to buying life insurance and especially term life insurance. In fact, millions of people shop the internet every year visiting multiple websites to find the absolute best life insurance policy at the lowest possible rate… More

What is the Difference Between the Insured, Owner and Beneficiary of a Life Insurance Policy??

Written by Termland.com

All life insurance policies have three primary parties that are required as part of the application process: the insured, the policy owner and the beneficiary(s). Each of these are defined below with examples of the common designations. The Insured In any life insurance policy, the insured is the person on whom the protection is purchased… More

What is the “Contestable Period” in a Life Insurance Policy?

Written by Termland.com

Every ordinary life insurance policy (term, universal life and whole life) that is approved and issued today contains a “contestable clause” that is in effect for a full two year period from the policy date. The contestable clause is designed to protect all life insurance companies from fraud and misrepresentation and permits the insurance company.. More

Which Life Insurance Company Will Give Me the Best Rate?

Written by Termland.com

If the answer to that question was easy, you wouldn’t need to work with an agent. Unfortunately though, because all life insurance companies are different, the question of which company is going to offer you the best policy is not always a given. The truth is, knowing which life insurance company to apply with is.. More

Accidental Death Insurance is No Substitute for Life Insurance

Written by Termland.com

If you are looking for life insurance to protect your family or business, accidental death insurance is not a realistic alternative. Even if you are young and super healthy and feel that your highest probability of death would be an accident, you would be shortsighted to think that accidental death insurance provides adequate financial security… More