|
|
|
There are two basic types of life insurance: term and permanent. Term insurance is purely life insurance while permanent (aka "cash value" or "whole life") policies include a savings element.
You've probably heard lots of sales pitches and marketing hype regarding cash...
|
|
|
|
|
Whole life insurance provides permanent protection for your dependents while building a cash value account. With this type of insurance, the insurance company manages the policies various accounts.
What it does:
It pays a death benefit to the beneficiary you name and...
|
|
|
|
|
Variable life insurance provides permanent protection for you and is the type of life insurance with account flexibility for the more risk-oriented policy holder.
What it does:
It pays a death benefit to the beneficiary you name and offers you low-risk, tax-free cash...
|
|
|
|
|
Managed care plans fall into 3 basic types plans HMO, PP0 and POS.
A common trait among managed care plans is the incentive (usually, a lower premium) for the insured to stay within a specified network of health care providers.
Health Maintenance Organizations (HMOs)
...
|
|
|
|
|
Individual health care insurance provides coverage for only one individual, or family. In general, individual plans are more expensive than group insurance. You can obtain individual plans directly from a company who offers them. The company with whom you apply will evaluate...
|
|
|
|
|
Universal life insurance provides permanent protection for your dependents and is more flexible than whole or variable life.
What it does:
It pays a death benefit to the beneficiary you name and offers you a low risk cash value account and tax deferred accumulation.
...
|
|
|
