Life Insurance and Life Assurance are Not the Same! by Michael Challiner
The average man in the street assumes that Life Insurance and Life Assurance are names for the same form of insurance. How wrong they are! But don't hang your head in shame, many financial commentators get it wrong too! Life Insurance and Life Assurance perform different financial roles and are... If you were to die during a Life Assurance policy’s term, the policy pays out the higher of either the guaranteed minimum sum or the accumulated value of the annual investment bonuses. ... A Life Assurance policy pays out a sum equal to the higher of either a guaranteed minimum underwritten by...

What is Life Insurance? by John Mussi
Life Insurance is an insurance policy that provides an agreed amount of cover over an agreed term, so that should you die during the policy term, a lump sum is paid out. Life insurance is considered as the cornerstone of financial planning. It is a cost effective way to provide for your family... Life insurance is an agreement between you and an insurer and under the terms of a life insurance contract, the insurer promises to pay a certain sum to a designated beneficiary when you die, in exchange for your premium payments.

Tips for Finding Cheap Life Insurance by Ken Barnes
Cheap life insurance is out there, if you know what you’re looking for. That’s why it’s important to do your research. You’ve got to educate yourself on the various types of life insurance policies that are available, including additional benefits that may or may not be offered. ... Steer clear of guaranteed issue policies Also when looking for a cheap life insurance policy, you won’t find it in a “guaranteed issue” type of policy. ... Whole life, as the name implies, provides life insurance benefits for the rest of your life, whether that ends up being 10 years or 50.

Life Insurance Quotes - Which Life Insurance Option is the Best One For You? by Claire Bowes
Life insurance is becoming more and more popular with many people now realizing the importance and the benefits of a good life insurance policy. There are two main types of popular life insurance, both of which offer a range of invaluable benefits to consumers. ... Low cost whole life insurance: One of the cheapest forms of whole life cover, this type of policy features a decreasing term plan, and the policy is combined with a profits fund. ... Level Term Life Insurance Level term life insurance is the most popular type of life insurance policy with consumers, and this may be because it...

Choosing the Best Life Insurance Option for You by Claire Bowes
Life insurance in the UK is becoming more and more popular with many people now realizing the importance and the benefits of a good life insurance policy. There are two main types of popular life insurance, both of which offer a range of invaluable benefits to UK consumers. ... Low cost UK whole life insurance: One of the cheapest forms of whole life cover, this type of policy features a decreasing term plan, and the policy is combined with a profits fund. ... Level Term Life Insurance Level term life insurance is the most popular type of life insurance policy with UK consumers, and this...

Guide to Life Insurance by John Mussi
Here is a useful guide to life insurance. Simply put, a life insurance policy provides a lump sum payment upon death of the policy holder. In exchange for regular premiums, a life insurance company will insure your life so that when you die, the policy should pay out to protect your dependants... Age is a factor in the successful application for a life policy. ... In the event of death, for example, the payment from a life insurance policy can be used to pay off a mortgage. ... You can increase or decrease your cover at any time, add another life onto the policy and add other elements to...

Critical Illness Insurance – Critical or Ridicule? by Rachel Lane
Critical illness cover (CIC) is a type of insurance which provides a significant one-off payment if you are diagnosed with a specified life-threatening condition – specified being the important term, because if your illness isn’t in the terms and conditions – you won’t get the payment. ... When you first purchase the critical illness insurance policy, there might be an option for buy-back insurance, this would permit you to buy additional critical illness cover or life insurance, typically at a minimal cost, after you have made a claim on your existing CIC policy.

Life Insurance, the Universe, and Everything by Rachel Lane
You may have noticed that life insurance is coming back into fashion. It’s true that it may not be the financial term on everybody’s lips, but sales of life insurance have been going up, according to the Association of British Insurers. Whilst we may not be saving the volume of funds that the... Investment insurance advises that you should choose a whole-of-life option which is a form of investment type policy. ... Term insurance is the cheapest type of life insurance and provides a pay-out if the person / policy holder dies within a selected period of years.

Life Insurance Information by John Mussi
Life insurance is a personal insurance plan designed to pay out a sum of money on the death of the policyholder. Life Insurance is an insurance that is taken out against a persons life. It will pay out either a lump sum or monthly contributions to the “trustee” or next of kin in the event of the... Life insurance is, as the name implies, an insurance policy taken out on an individual's life. ... Whole of Life Insurance Policy continues until the policy holder dies when a lump sum is paid out. ... The types of life insurance available include: Mortgage Life Insurance Designed to pay off...

Life Insurance – Why Your Policy Should Be Written In Trust by Michael Challiner
One of the UK's biggest life insurance companies recently pointed out that only 1% of life insurance policies are written in trust. This should not be the case – and in this article we explain why. By having your policy “Written in Trust”, it means that if a claim is made, the beneficiaries... Mr Smith has life insurance policy for £100,000 but he did not have the policy written in trust. ... Express Life Insurance specialise in life insurance quotes uk but also offer both critical illness cover and life assurance policies.