Mortgage Life Insurance

Mortgage Life InsuranceMortgage Life Insurance will help settle a mortgage should the homeowner die before fully repaying their mortgage. People prefer taking up the mortgage life insurance instead of leaving the family with a burden of paying the mortgage.This insurance is usually purchased by the over 50s, although there are young people who take up this form of insurance for extra protection. There are also flexible mortgage insurance policies that are suited for younger people At the commencement of the insurance, the value is proportionate...

Read More

Term Life Insurance vs. Whole Life Insurance

We get many emails asking "which is better term or whole life insurance". Comparing the different types of available insurance can be an overwhelming task. As such, that's often best left to the agents and professionals. However, you can make some basic decisions for yourself about the type of policy you need. Following are some comparisons between a basic Term Life Insurance policy and a basic Whole Life Insurance policy to help you make some decisions that meet your life insurance needs.Premium PaymentsOne of the main differences between Term...

Read More

What is Term Life Insurance?

Of the different types of life insurance that you can choose from, term life insurance is likely the easiest to define and explain. Term life insurance is more of a temporary form of life insurance designed for people who have long-term financial goals with some short-term responsibilities. Its affordability also appeals to many people on a tight budget because you can typically get a large amount of insurance for a cheaper price than other types of insurance.How a Term Life Insurance Policy WorksA term life insurance policy is only good for a...

Read More