Tag Archives: Term Insurance

Should I invite an life insurance agent into my home, or use an internet life insurance broker?

Posted on: June 24th, 2013 by Peter Choma

Life insurance is a difficult subject, it is a decision we all have to make, and a thing we all should have. Whether it be a simple policy that will pay out when we die so that our families are not overly burdened by our passing, or an investment for our retirement. The industry is full of difficult language, clauses, contracts, exceptions and fees. It is a minefield waiting to catch the unwary, and one that some people dread to walk upon.

That’s why we have insurance broker, and life insurance agencies. They are there to make the minefield seems a little less perilous, safer to walk through. They are there to make sure that you connect with the policy that suits you best,


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What Is A 10 Year Life Insurance Policy?

Posted on: July 20th, 2010 by Peter Choma

The 10 year term life insurance policy is one of the most easily explained and simplest types of life insurance. This policy has a guaranteed level premium and level death benefit for 10 years. With some insurance companies the insured is allowed to renew the policy every 10 years until approximately the age of 75.

A 10 year term life insurance policy is an excellent choice for high death benefit at a low premium. If you have a need for a large amount of life insurance on a limited budget, the 10 year term life insurance policy is ideal.


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Which Type Of Life Insurance Is Best For You?

Posted on: June 28th, 2010 by Peter Choma

Which Type Of Life Insurance Is Best For You?

In regards to life insurance there are two basic types, one being term and the other permanent. But, which type of life insurance is best for you?Term insurance provides life insurance for the amount of time that the policy holder specifies. If the insured dies within the specified time, the face value of the policy will be given to the beneficiary. However, if he does not die within that time span and the policy is not renewed, then nothing will be paid out. Permanent life insurance on the other hand, provides insurance protection for the policy holder’s life span. In addition, there is a savings element. There are two common types of permanent insurance: whole life insurance and universal life insurance.


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