Life Insurance Explained

Can I Take Out a Life Insurance Policy on Anyone I Choose?

Do I need life Insurance?

Life insurance is used by millions of people all over the world as a way to secure the financial future of their families and loved ones.  While not everyone in modern society takes out a life insurance contract

Do Men Really Pay More for Life Insurance?

There are a number of factors that influence the price of life insurance premiums, from policy types and customer age through to the lifestyle habits and medical history of individual applicants.

How Life Insurance Works in the UK

Life insurance is one of the biggest and most widely available forms of insurance in the world.  While there are a number of different categories of life insurance products on the market around the world

How much life Insurance should I carry?

Many people consider a life insurance policy to be an essential part of living in modern society, however, it can be confusing to decide just how much insurance to carry.

How to buy Life Insurance in the UK

Life insurance is a contract between a policy owner and an insurance company, whereby the insurer makes a binding agreement to pay the policy owner a sum of money upon the death of the insured person.

How to Choose a Reliable Life-Insurance Company in the UK

Life insurance is a huge industry around the world, with hundreds of different companies offering a range of alternate products.  While the basic provisions of a life insurance contract are quite basic

How to find cheap life insurance in the United Kingdom

Life insurance is so ubiquitous in modern society that it can sometimes be hard to find ways to effectively compare and contrast different polices.  Luckily, the age of the Internet

What are the Consequences of Lying About a Medical History on a Life Insurance Application?

The life insurance industry is based on the concept of risk management, where a life insurance firm manges the risk of an individual policy holder in exchange for the price of an ongoing premium.

What Authority is Responsible for Regulating Life Insurance Companies in the UK?

The authority directly involved with the regulation of the life insurance industry in the United Kingdom is the Financial Services Authority, which is also known as the FSA.

What is a life Insurance trust?

A life insurance trust plays an important role in many life insurance contacts, whereby an irrevocable, non-amendable trust acts as both the owner and the beneficiary of one or many life insurance policies.

What is Disability Life Insurance?

Disability life insurance is also known as disability insurance or disability income insurance.  This is a form of insurance that provides protection in the case that the policy beneficiary is unable to earn money due to the onset of a disability.

What is Life Insurance?

Life insurance is one of the most common types of insurance in the world, with hundreds of different policy variations which fall into two major categories.  Life insurance is a contract between a policy owner and an insurer

What is Permanent Life Insurance?

Permanent life insurance is a category of life insurance products that can be distinguished from temporary or term life insurance.  Permanent life insurance is life insurance that remains in-line until the time that a policy pays out or matures

What is Term Life Insurance?

Term life insurance is a category of life insurance that can be distinguished from permanent life insurance, and is designed to provide coverage for a specific amount of time in exchange for  known premium rate.

What is Underwriting?

Underwriting is a term that often comes up in the fields of insurance and finance, but lots of people don't have a detailed understanding of exactly what the process of underwriting entails.

Which Life Insurance is Best?

Taking out a life insurance policy can be a confusing time for anyone, due to the complex nature of insurance policies and the number of choices in terms of insurance companies and life insurance categories.

Will a Physical Exam Always be Required to Get Life Insurance?

There are so many life insurance policies on the market that choosing one can be a confusing process.  Along with differences in premium levels and coverage options, there are also a number of differences in the way that each contract is initiated.