Florida Insurance ... Health, Life and Beyond » Life Insurance

What Are The Different Types of Life Insurance?

Jeff — Sat, 30 May 2009 23:19:34 +0000

Temporary coverage (10, 15, 20 or 30 years)

- Term … level, increasing, decreasing, convertible

- Term … level with Return of Premium

Permanent (Lifetime) coverage

- Universal

- Whole

- Variable

- Variable Universal

- Last Survivor

Probability Of Becoming Disabled vs. Dying

Jeff — Sat, 30 May 2009 18:11:58 +0000

Morbidity: Probability of becoming disabled

Mortality: Probability of dying

For a 35 year old, the probability of a white-collar employee having a disability lasting more than 90 days before the age of 65 vs. dying, is as follows:

- Male: More than 2x

- Female: More than 3x

How Many Years Do You Need Life Insurance?

Jeff — Sat, 30 May 2009 16:21:10 +0000

Things to consider are the following:

- How many years the people who are dependent on your income would need you to provide for them

- How much you can afford … the longer you keep the insurance the more expensive it is

Reasons People Buy Life Insurance

Jeff — Mon, 25 May 2009 23:22:14 +0000

- To replace lost income

- To pay off mortgage debt

- Funeral expenses

- To provide for a spouse and/or children

- Estate tax reasons

Is The Lowest Premium Always The Way To Go?

Jeff — Mon, 25 May 2009 19:00:19 +0000

What Is Return Of Premium Term Life Insurance?

Jeff — Mon, 25 May 2009 18:08:28 +0000

Converting Term Life Insurance To Permanent Life Insurance

Jeff — Mon, 25 May 2009 18:06:32 +0000

What Is Level Premium Term Life Insurance?

Jeff — Mon, 25 May 2009 18:05:47 +0000

Consider Buying A New Life Insurance Policy If You Have Stopped Smoking For 12 Months or More

Jeff — Mon, 25 May 2009 18:01:52 +0000

Term Life vs. Permanent Life Insurance

Jeff — Mon, 25 May 2009 17:50:20 +0000