Guide to Life Insurance Policies: Understanding Insurance Terms, Cash Values & Guarantees

ArchiMate sample insurance claim process

Deciding whether to buy a life insurance policy or not is confusing enough, having a variety to choose from makes it even more difficult. Refer to our guide to life insurance policies as your aide in understanding insurance words, policy terms, cash values and every promise of life guarantee coverage there is. Start with articles about term life insurance and from there, know which sales pitches are true and what aren’t.

Then explore other articles explaining the different types of insurance, whether for short term or permanent. Know what works favorably and what doesn’t. Let our expert writers’ experiences direct you to resources where life-insurance policies could be more sensible at lower fees.

Image Credit: Wikimedia Commons -- ArchiMate sample insurance claim process

Latest Articles on Life Insurance Policies
Why You Should Buy Term Life Insurance

Term life insurance is simply the best choice for the majority of people. Whole life policies are much more expensive, and the return on investment is poor. Learn why you should choose...

Using Home Equity Effectively

If you are considering a reverse mortgage, alternatives to reverse mortgages include: equity lines of credit, refinancing or selling the home, deferred payment loans, property tax...

Home Ownership: Calculating Down Payments

After months and possibly years of saving money you finally feel you have saved a sufficient amount for a down payment. The question now becomes how much house you can afford. Knowing...

Understanding Interim Financing

Interim financing, more commonly called a bridge loan, can be very helpful for a homeowner who is trying to sell one home and purchase another. This type of financing is also very helpful...

Most Popular Articles on Life Insurance Policies
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    Why You Should Buy Term Life Insurance

    Term life insurance is simply the best choice for the majority of people. Whole life policies are much more expensive, and the return on investment is poor. Learn why you should choose term....

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    How Long Do Beneficiaries Have to Receive Unclaimed Life Insurance Policies?

    Identifying beneficiaries of unclaimed life insurance policies is typically undertaken by an insurance company if they are aware of the death of a policyholder. If they are unsuccessful locating beneficiaries...

  •  
    Home Ownership: Calculating Down Payments

    After months and possibly years of saving money you finally feel you have saved a sufficient amount for a down payment. The question now becomes how much house you can afford. Knowing in advance how much...

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    What Can I Do To Find Out If My Husband Had Life Insurance I Don't Know About

    "How can I find out if my husband had life insurance I don't know about?" Life insurance is something that is sometimes bought and inadvertently forgotten about. In many cases, you can...

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    Considering the Contesting of Wills

    Emotions run high when a family member or close friend passes. Along with grief, another emotion may get out of hand, greed. Unfortunately this is the time when family members may explore grounds for contesting...

More About Life Insurance Policies
How Long Do Beneficiaries Have to Receive Unclaimed Life Insurance Policies?

Identifying beneficiaries of unclaimed life insurance policies is typically undertaken by an insurance company if they are aware of the death of a policyholder. If they are unsuccessful...

How Do You Find Out if You Have an Unclaimed Inheritance from a Will?

Sometimes a distant relative or friend bequests money without notifying the beneficiary. In these cases, a question may arise leaving people wondering how you find an unclaimed inheritance...