How to Choose the Right Life Insurance Policy?
A life insurance policy provides you and your family security; it gives financial protection to a family if the bread-winner passed away. Death is inevitable for everyone; therefore family planning is important for those who are married, they should buy a life insurance to replace the lost income in the event of the bread-winner’s death. Many people have considered getting a policy, but the insurance products are so many, it is time consuming to find out all of them thoroughly. Sometimes you might find a suitable coverage but the premium is too high, or when it is affordable but the benefits you find them not satisfactorily. Life insurance policies are basically the same, whether you want a policy with or without cash value, or with dividend and investment. Term life insurance This form of policy is the most basic type of insurance; it has the cheapest premiums, because it is designed solely for life protection only, it provides the buyer with no cash value. Term life insurance is not
