Life Insurance

What is Life Insurance ?
Life insurance policy offers financial support to the dependents and beneficiaries of the person insured . In addition , it provides a measure of financial security to your beneficiaries (family,loved ones) so that upon death they will be able to meet financial responsibilities that were previously covered by your income.
Payouts on policies can be paid in a lump sum or in several installments. The amount of money you pay to your company is called a premium.

These are the most common Life Insurance types:

• Term life Insurance
• Permanent /Whole Life Insurance

There are other variations of policies, such as, Universal Life , Excess Interest Whole Life, Variable Life, Limited-Payment Whole and Single-Premium Whole Life.

Considerations
There are many considering in determining whether a policy is right for you.

• What are the considerations when deciding whether you need life insurance?
• What are your options?
• How do you choose which option is right for your situation?
• what is the process for buying the right policy ?

Life Insurance Resources
Finding the right policy for your family and loved ones can be confusing. Lifeinsurance.org provides several easy-to-use resources to help you make more informed decisions:
Some of the resources include:

• General introduction into life insurance basics
  
• Learn about the difference between term life insurance and permanent life insurance
• State guides (for US readers)
• An overview of the leading companies , including Met Life , Liberty Mutual, Prudential, New York Life and Gerber Life Insurance
• Frequently-asked questions
• Search engine to find life insurance quotes from leading providers

To know more details visit

• http://www.lifeinsurance.org
• http://www.meghnalife.com
• http://www.pragatilife.com