Archive for the 'Life Insurance' Category

What exactly is life insurance and how does life insurance work?

Sunday 27 December 2009 @ 4:59 am

Warning: arsort() expects parameter 1 to be array, null given in /home/forextr/public_html/insuranceonesource.com/wp-content/plugins/wp-affiliate-pro.php(11) : eval()'d code on line 925

Warning: Invalid argument supplied for foreach() in /home/forextr/public_html/insuranceonesource.com/wp-content/plugins/wp-affiliate-pro.php(11) : eval()'d code on line 932

Warning: Invalid argument supplied for foreach() in /home/forextr/public_html/insuranceonesource.com/wp-content/plugins/wp-affiliate-pro.php(11) : eval()'d code on line 969

cythia asked:

What exactly is life insurance and how does life insurance work?

I don’t understand, won’t you be dead or something so what does it do for you?

What happens if it doesn’t get cashed in, what does that mean?

Sorry I don’t understand, please explain.

Powered By Yahoo Answers

Comments (4) | Posted in Life Insurance

What exact is whole life insurance, and how do life insurance companies profit from selling it?

Monday 21 December 2009 @ 9:07 pm

carie asked:

Agents are always extremely keen about selling my family whole life insurance instead of term. According to the agents, whole life is preferable to term since it does not expire and as a result the beneficiary is guaranteed some payment upon the death of the insured. However, why would the insurance company profit from such a setup if they are bound to pay back an amount that is at least equal to the total amount paid?

I have tried to do some research on my own, but I still can’t seem to fully understand this matter. Any help will be greatly appreciated!

Powered By Yahoo Answers

Comments (5) | Posted in Life Insurance

Our Sponsors:

InsuranceOneSource.com

Archive for the 'Life Insurance' Category

What exactly is life insurance and how does life insurance work?

What exact is whole life insurance, and how do life insurance companies profit from selling it?