What should I look for in a disability insurance policy?

There are many things you should be aware of when shopping for a disibility insurance policy. The best thing to do is talk to an agent that can help you determine what is best for you. However, here are some things to keep in mind:

Defininition of a disability - policies vary. Some pay benefits if you are unable to perform the dutities of your regular occupation, while others pay only if you can engage in no gainful employment at all.

Extent of disability

Presumptive disability - under some policies, even if you can still perform some or all of your regular job, you may be presumed fully disabiled and entitled to full benfits under certain specified conditions, such as loss of sight, speech, hearing or use of limbs.

Amount of Benefits

When payment begins

Length of coverage

Waiver or premium - if you've been disabled for more than 90 days you don't have to pay any more premium until your disability ends.

Non cancelable versus guaranteed renewal - be sure that coverage will continue. Ask about renewability.

The most important thing to ask about is what the policy does and does not cover. Again, be sure to speak with an agent that can help you figure out the best policy for you.

How often should I review my life insurance policy?

It's a good idea to review your life insurance policy every two to three years. Life changes and so will your life insurance needs. An obvious example is if you have a new baby. But your life insurance needs will also change if you buy a new home or even get a raise. Life insurance is so inexpensive today there is no reason why you shouldn't have at least 10 times your income. However, to get a more precise idea of how much you need, check out a life insurance needs calculator. You can use ours or find another on the web. Make it a habit to review your life insurance policy as you would review or re-balance your portfolio

Is it easy to make a life insurance claim?

The insurance companies try to make this as easy as possible for you. They realize that it's a very emotional and difficult time when a loved one passes. If you have your insurance policy or policy number handy when you call, it will make it easier to provide assistance. But if you don't have it, don't worry, the insurance will still be able to care for and assist you in your time of need. In general: You will have to complete a form. If you don't have the form, don't worry, the insurance company will send you one upon request. You will have to obtain a death certificate and the birth certificate of the person who has passed away. You might need to ask the physician to complete a form. You will need to submit your claim within a certain period of time. This timeframe varies by type of insurance, and will be outlined in your policy.

What is a flexible premium life insurance policy?

A flexible premium life insurance policy is a policy that has an initial premium with flexible premiums thereafter. What does this mean? A policyowner can select both the future amount and frequency of premiums, or can stop and start premium payments at his or her discretion. Variable universal life is a type of flexible premium life insurance policy which provides life insurance protection with long-term investment growth potential of the policy's account value. You may increase or decrease planned periodic premium payments, skip premiums or make additional premium payments within limits. You may also increase, subject to insurability, or decrease, within limits, your coverage without having to purchase a new policy

How do I know if I need life insurance?

The main reason to buy life insurance is to help replace your income and provide financial security for your dependents. you are the primary earner in your household and people depend on your income, life insurance can help replace that income if you die. The most commonly recognized case of this is parents with young children. However, it can also apply to couples in which the survivor would be financially stricken by the income lost through the death of a partner, and to dependent adults, such as parents, disabled relatives, siblings or adult children who continue to rely on you financially. However, many financial experts consider a life insurance policy to be the cornerstone of sound financial planning. A solid life insurance policy can be used to: Create an inheritance for your heirs by naming them as your beneficiaries. Pay federal and state inheritance and estate taxes. Life insurance benefits can pay estate taxes and settlement costs so that your heirs will not have to liquidate other assets or take a smaller inheritance. Make Create a source of savings. Some types of life insurance create a cash value that, if not paid out as a death benefit, can be borrowed or withdrawn on the owner's request

Business Insurance Introduction

While the success of your business will largely be dependent on your work ethic and innovation, there are a number of events that can occur which will reduce both your profits and your ability to operate your business. To make sure your business and profits are protected, you will want to set up the right type of insurance. For businesses, this is called business insurance.

To purchase business insurance, you will first need to find an agent. There are a number of tips you will want to follow to make sure this is done correctly. You can start by asking your friends or family about the insurance agents they use.

Another option is to call the agent for your personal insurance company. Get their advice on the type of insurance you should use for your business. More than likely they will be able to give you some useful advice. In addition to agents who work for your personal insurance company, you may also want to contact business trade associations to find out if they offer an insurance program that is designed for businesses. There is a strong possibility that they will be able to provide you with a list of companies that specialize in setting up insurance for your business. When you are looking for a good company, price is not the only option you will want to look at. You will also want to look at the level of service offered, along with the history of the company.

When you are selecting an insurance agent, it is important to make sure you pick someone who has a detailed knowledge of the field. They should be able to meet the needs of your company. The agent that you pick must be able to provide you with useful information about injuries, theft, or other things that can contribute to you either losing your business or significant profits. Many people hate to deal with insurance because of the costs involved. However, there are a number of things you can do in order to save money. The first thing you will want to do is shop around. Do not accept the first deal that is offered to you.

There are a number of places online where you can make comparisons between companies that offer business insurance. In addition to the internet, you may also want to get consumer magazines on the subject.


The prices for different companies may vary greatly, and you will want to make sure you find the best deal available. Find the companies that cater to your business. Once you have a list of these companies, you will want to contact them and make comparisons between their prices and level of coverage. Contacting them will also give you information about the quality of their customer service. It is also important to pick a company that has a good reputation. It should be a company that is well established. There are some insurance companies which are fly-by-night operations. They will be here today, but gone tomorrow. You should only do business with companies that have demonstrated excellent customer service

Online Health Insurance Quote: Get a Policy at an Instant

The best way to avail a health insurance policy is to apply for health insurance quotes as provided by different companies online. Since these quotes comes free of cost, you can conveniently apply for as many quotes as possible through online and later on choose the best health insurance policy for you as well as your family members.

A healthy body is the gateway to a healthy mind. Without a healthy body, you would not be able to live a peaceful and a contended life. So you must take good care of your health and if any minor ailments affect you, you must definitely consult a specialist. You may never know when these simple ailments turn into complications. But since the costs of medical treatments are on a rise these days, you will never know when you have to shell out hundreds and thousands of pounds of the treatments. To evade this, you must insure your health with a health insurance policy and let the cost of the treatments be taken care of by the policy.

Normally, there are two types of health insurance policies: Health Maintenance Organizations (HMO) and Preferred Provider Organizations (PPO). Through HMOs you can go to the specialists and doctors that have been provided by the insurance provider. But with PPOs you can go to your own preferred doctors and specialists. You can choose the type of health insurance policies that suits you the best and this can be done by applying for quotes online.

A health insurance policy will give you the covers of the cost of your routine checkups, emergency treatments, prescribed medicines, x-rays, lab fees etc.

Now, the question comes, how to avail the best health insurance policy and cover? This can be done by going online and collecting various health insurance quotes that these companies provide for free. You can get a quote for each of the policies mentioned above. After that, you can do a comparative study of all these quotes and later on choose a perfect health insurance policy online.

Online method of applying for quotes won't involve much of your time and thus you can avoid long awaiting queues. You can just sit in front of your computer and browse through the pages of different websites. Then apply for quotes from these websites online. So without any delay get an online health insurance quotes for free and avail yourself a suitable health insurance policy for you as well as your family.

Life Insurance And Having A Child

Life insurance isn't what most people think about when they're having a baby. But protecting your child has more to do than just having a good supply of food, shelter and diapers. You need to think about them in case you're no longer around. And that means life insurance. Even if you already have life insurance, now's a good time to shop around because premiums are decreasing. Here are some things to think about.

A new baby also means another person depending on your income. Life insurance is designed to replace that income if something should happen to you. As hard as it is to think about, it's really an act of love to make sure your children are financially protected in case of the unthinkable.

It's a common question. How much life insurance is enough? Well, it depends on several factors including your assets, your debts and more. One way to help you figure out a good starting figure for coverage is to:

1. Estimate what your family's monthly expenses would be.

2. Add in your mortgage balance and other debts.

3. Add in estimated future expenses such as funeral expenses and college tuition.

Once you have that figure, subtract out Social Security benefits, other life insurance policies, your spouse's income, and retirement plan benefits. This will give you a good idea of the minimum coverage needed to provide financial relief for your family.

Don't just buy the first life insurance policy you get a quote on. It's important to do some comparison shopping to make sure you're getting the best value for your situation, because life insurance rates vary between life insurance companies. You want to get at least three different quotes to compare against each other.

You may already have a life insurance policy from your employer. That's good but you still may want to add to that once your child is born by increasing the coverage or taking out an additional policy. You probably can find a good value on additional and affordable life insurance just by shopping around.

Should I get Insurance - life term policy quote

An Insurance policy is a very significant financial decision. People are looking for life insurance, Auto Insurance, Homeowners Insurance, even Health Insurance needs. Getting a life term insurance quote is something like you are deciding your life expectancy!! Sure, it is known by the name of life insurance, but shall we call it a death insurance quote!

The sales person selling the insurance policy asks you, "Who will look after your family if you met an accident tomorrow while going to office?", isn't it ridiculous? Well, it's not.....things are really bad. Getting a life insurance has become very important for every body. Getting a life term insurance quote is much easier, thanks to Internet. Life insurance companies are now ready to serve their customers online, saving form the hassle of meetings and discussions without ever talking to a representative. You can easily get a universal life insurance quote in some seconds now!. And you can do it all from the comfort of home.

There are some points to remember while getting an online insurance quote or an instant life term insurance quote. 1. Be Exact: it is necessary that you should have accurate information about your life term insurance quote, try not to hide any particulars, the more accurate your life quote will be. Never hide information like whether or not you smoke. This is important because the life insurance companies will provide you with obligations in the event of your death, so it wouldn't even make sense to have insurance if you?re not as accurate as possible.

2. Never Base Your Choices on Price Alone: Low prices are always attractive, but find out for sure that a policy will suit your needs. Ask for the details involved in Universal life insurance quoteand whole life insurance plans. Don't take anything for granted. In addition, research the insurance companies. Find out how long they have been in business and how fast their usual turn around is for pay-offs.

3. Compare from at Least Three Companies: You should be open to many life insurance quotes from different companies. Obtaining life term insurance quotes is easy, so you should shop around and find out what other insurance companies have to offer.

4. Start with the same set of questions: If you are looking out for different term life insurance quotes , the first thing you should take is that they belong for the same policy you are searching. There are some things that you should be clear with like, type of life insurance policy, time period for term policies, and the insured amount can all have a huge impact on a quote. It is important that you get the answers for these questions before you decide for your best life term insurance rate quote.

AUTHOR:Randell Rogfend is a father of three children who has had a long and fulfilling writing career. His passion is writing and he has contributed to countless newspapers, magazines and books. www.termlifeinsurancequote.ixvv.com/universallifeinsurancequotes The following site is his collection of articles about his latest interest: www.termlifeinsurancequote.ixvv.com