Archive for August, 2003

Life Insurance Valuation Tables Scheduled for Updates Due to Longer Lifespans

Aug. 10 In a business where the customer usually has to die to collect, life-insurance buyers are now profiting by living longer. As better medical care and healthier lifestyles extend life spans, insurers continually adjust the mortality tables they use to estimate how long their policyholders will live . Longer lives mean fewer claims. As […]

August 9th, 2003 | Posted in Life Insurance | No Comments

TYPES OF LIFE INSURANCE

Life insurance is available in several forms: Term Insurance A policy written for a specific period of time, usually 10 to 20 years, that pays a death benefit if you die during that term. Protection ends unless the policy is renewed.Permanent Insurance A policy in force as long as you pay the premiums, with a […]

August 5th, 2003 | Posted in Life Insurance | No Comments