Download or read book FUNDAMENTALS OF LIFE INSURANCE THEORIES AND APPLICATIONS written by KANINIKA MISHR and published by PHI Learning Pvt. Ltd.. This book was released on 2016-07-06 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human life, in all its manifestations, has immeasurable social and economic value. Since ancient times, human beings have tried to put in place systems to sustain and flourish in the face of adversity. In modern times, life insurance is one such financial arrangement that provides social and economic security to individuals and to the communities. Awareness of the basic features and categories of insurance is important in today’s life insurance market where all companies are offering a number of innovative products with multiple features. Divided into three parts, this book incorporates the basics of life insurance, risk management, and health and micro-insurance, in detail. Part I (Concepts, Principles and Processes) systematically defines life insurance, its legal contract and characteristics, marketing and distribution processes involved, and the future trends. Part II (Risk Management, Underwriting, Reinsurance and Claims) explicates the importance of risk management, the process of underwriting, and the types and concepts of reinsurance and claims. Part III (Employee Benefits, Pensions, Annuities, Micro-insurance and Health Insurance) covers allied topics, such as pension products, micro-insurance and health insurance which are increasingly becoming important for the industry for both the social and commercial perspectives.

Download or read book Understanding Life Insurance written by Jarvis Fleegle and published by . This book was released on 2021-05-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life insurance is a contract between you and an insurance company to provide you with coverage based upon your timely payment of premiums. Life insurance provides a death benefit to your named beneficiary (usually a spouse) upon your death. When you pass away, your beneficiary files a claim with the insurance company to submit proof (a death certificate) of your passing. If there is an agent who usually works with your family, your beneficiary can contact the agent who will help him or her complete the necessary paperwork. Or, your beneficiary can contact the insurance company directly and a claims representative will instruct him or her on what to do. After the insurance company receives all the documents, then your beneficiary will be issued the death benefit payout. When you buy life insurance, you enter a contract with an insurance company that promises to provide your beneficiaries with a certain amount of money upon your death. In return, you make periodic payments, called premiums. There are many things to consider when it comes to getting a life insurance policy that can help protect your family's future financial needs. In this book, the author will take you through every single aspect of life insurance

Download or read book Life Insurance Basics written by Rameshwar Kumar and published by Independently Published. This book was released on 2023-05-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life insurance is a financial tool that provides protection and financial security to individuals and their loved ones in the event of the policyholder's death. It is designed to offer peace of mind by ensuring that dependents are taken care of financially, even when the policyholder is no longer there to provide for them. One of the key features of life insurance is the death benefit. This is the amount of money that is paid out to the beneficiaries named in the policy upon the death of the insured person. The death benefit can be used to cover various expenses, such as funeral costs, outstanding debts, mortgage payments, and daily living expenses. There are different types of life insurance policies available, with the two main categories being term life insurance and permanent life insurance. Term life insurance provides coverage for a specific period, typically ranging from 10 to 30 years. If the policyholder passes away during the term, the death benefit is paid out to the beneficiaries. However, if the policy expires and the insured person is still alive, there is no payout. Permanent life insurance, on the other hand, provides coverage for the entire lifetime of the insured person, as long as the premiums are paid. This type of policy also includes a savings component known as cash value. The cash value grows over time and can be accessed by the policyholder during their lifetime through loans or withdrawals. When considering life insurance, it is essential to determine the appropriate coverage amount. This depends on various factors, including the policyholder's income, financial obligations, and the needs of their dependents. It is recommended to evaluate existing debts, future expenses (such as college tuition), and ongoing living costs to determine an adequate coverage amount. To obtain life insurance, an individual typically needs to go through an application process that involves providing personal and medical information. The insurance company assesses the applicant's risk profile based on factors such as age, health, lifestyle, and occupation. The insurer then determines the premium, which is the amount the policyholder pays periodically to keep the policy in force.

Download or read book The Basics of Life Insurance written by Kirk G Meyer and published by CreateSpace. This book was released on 2014-03-15 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are two main types of life insurance with several variations of each type. Life insurance can be classified as a term or permanent policy. At least that is the simplified explanation of the two types of life insurance commonly offered. The most common life insurance policies can be placed into the following categories: term, whole life, universal life, variable life, and variable universal life. Each one of these insurance policies has a place in one's life and at different times in someone's life, they may have need of one or a combination of these types of insurance products. Depending on your circumstances, you may or may not even have a need for life insurance. Everyone's situation is different and therefor the need for life insurance will vary dramatically from individual to individual and from family to family. In order for life insurance to be effective and useful there are many things that need to be considered when buying a policy. In The Basics of Life Insurance we will examine the difference between term and permanent life insurance, the differences between the various types of permanent insurance, and what products are right for those seeking life insurance. This is booklet is a good dtarting point for those who have general questions about life insurance. Buy your copy today.

Download or read book The Basics of Life Insurance written by Kirk G. Meyer and published by Createspace Independent Publishing Platform. This book was released on 2017-05-25 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are two main types of life insurance with several variations of each type. Life insurance can be classified as a term or permanent policy. At least that is the simplified explanation of the two types of life insurance commonly offered. The most common life insurance policies can be placed into the following categories: term, whole life, universal life, variable life, and variable universal life. Each one of these insurance policies has a place in one's life and at different times in someone's life, they may have need of one or a combination of these types of insurance products. Depending on your circumstances, you may or may not even have a need for life insurance. Everyone's situation is different and therefor the need for life insurance will vary dramatically from individual to individual and from family to family. In order for life insurance to be effective and useful there are many things that need to be considered when buying a policy. In The Basics of Life Insurance we will examine the difference between term and permanent life insurance, the differences between the various types of permanent insurance, and what products are right for those seeking life insurance. This is booklet is a good starting point for those who have general questions about life insurance. Buy your copy today.

Download or read book The Essence of Life Insurance written by William Breiby and published by . This book was released on 1924 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book UNDERSTANDING LIFE INSURANCE AND RETHINKING POLICY MANAGEMENT AND EVALUATION written by GARY L. FLOTRON and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Life Insurance 101 The Basics of Life Insurance Explained written by D. W. Lindsey and published by . This book was released on 2023-10-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does the concept of life insurance give you a headache? Have you put off getting life insurance because you don't know how to get started? Are you unable to properly appreciate the life insurance plans you've bought or that someone else purchased for you? If you answered yes to any or all of these questions, this book can help you solve your life insurance troubles and may save you a large amount of money.

Download or read book Questions and Answers on Life Insurance written by Tony Steuer and published by Greenleaf Book Group. This book was released on 2022-06-07 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: *Amazon Bestseller in Life Insurance* A user-friendly guide to making expert decisions on life insurance policies Need help facing the constant barrage of information from competing life insurance companies? With thirty-five years of experience in the life insurance business, Tony Steuer delivers a practical, one-of-a-kind resource for anyone involved in choosing or monitoring a life insurance policy. This guide helps make a complex financial product understandable for consumers and is an essential reference, textbook, and training manual for financial advisors. Using a simple question-and-answer format, Steuer covers the essential basics and the finer points of life insurance, including how to: Differentiate between types of policies Find and evaluate a policy and company Hire a trusted agent Understand the practice of underwriting Monitor a policy’s performance With all the advice to help you avoid unnecessary pitfalls and unpleasant surprises, Steuer’s guide will help you make informed, confident decisions and gain the maximum benefit from your life insurance policy.

Download or read book Protect Your Family written by Rob Wrubel and published by Rosalibean Publishing. This book was released on 2015-07-28 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do so many families with a special needs member buy life insurance they cannot afford, does not meet their protection needs and does not create enough wealth for their families? This book seeks to answer the question and give families the tools to determine how much insurance they need, what they can afford and what type of policy to buy.

Download or read book Life Insurance Basic Handbook Permanent Life Insurance Policies written by Rogelio Aller and published by . This book was released on 2021-06-03 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life insurance is a contract between an insurer and a policyholder. A life insurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured policyholder dies, in exchange for the premiums paid by the policyholder during their lifetime. This book is both an effective and efficient overview while being respectful of your time. Many will be able to complete. This book in less time than the average flight Our message is simple: there is no "one-size-fits-all" approach to life insurance, and the key to success is consumer education. This book is not just a life insurance guide for the affluent client, but also a resource for any buyer or client advocate involved in the purchase or maintenance of large insurance policies. If you are a licensed life insurance advisor, we believe that TREAD LIGHTLY is a unique way to communicate with your clients while showing them that you are committed to providing industry-leading service and explanation.

Download or read book The Fundamentals of Insurance written by Hargovind Dayal and published by Notion Press. This book was released on 2017-11-02 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insurance is perhaps the most effective device for managing ‘risk,’ which is a pervasive phenomenon in our lives. We can sometimes avoid or reduce it but never entirely eliminate it. Whether you are a Graduate student who is studying insurance as a part of your curriculum, or an Executive managing your Organization’s Insurance and Risk Management Program this book will provide you with a strong conceptual foundation, comprehensive knowledge of non-life and life insurance products, and perspectives on how insurance functions as a part of the economy. Essentially, you will understand ‘why’ it is needed, ‘what’ solutions it provides, and ‘how’ different business processes and professionals work together to deliver the vital compensation to victims of disasters. Organized in 18 chapters that are comprehensive yet brief, it continuously relates facts to theories, concepts to processes, events to their context, and the rule-of-thumb to underlying basic principles. Thus, insurance will be demystified, and you will be empowered to decode ‘insurance speak.’

Download or read book Life Insurance written by Gary R. Lee (J.D.) and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "... is a guide to the evaluation, selection, and purchase of life insurance. The portfolio provides a brief section on life insurance basics and a description of the tax preferences life insurance enjoys. The portfolio then provides a detailed analysis of the six basic questions that an insured and his or her advisor should ask when purchasing life insurance"--Portfolio description sheet (p. iii).

Download or read book Retirement Plans for Self employed Individuals written by United States. Internal Revenue Service and published by . This book was released on 1996 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Life Insurance Basics for the Agent written by and published by . This book was released on 1967 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Guide To Life Insurance written by Page Braver and published by Independently Published. This book was released on 2021-05-24 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past five years, the individual life insurance industry has experienced slowed growth in the face of economic headwinds and frequent marketing ineffectiveness. Further, interest rates remain low in an effort by the government to encourage discretionary spending. As a result, many consumers have indicated a renewed desire to purchase financial products, with Life Insurance representing one of the ripest areas for potential growth. The most simple to understand life insurance guide out there. Learn the basics of life insurance and different types of products. Most importantly this book will show you how to do your life insurance shopping the right way.

Download or read book Life Insurance written by Librada Greve and published by Independently Published. This book was released on 2021-11-29 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are only a small number of industries outside of the financial services industry that offers the potential for relatively inexperienced professionals to make significant income within their first year of employment. And within the financial services industry, few careers offer newcomers the opportunity to earn as much as a life insurance agent does right off the bat. A hard-working insurance agent can earn more than $100,000 in their first year of sales. This book could be titled, "Life Insurance for Dummies," but it provides detailed information for knowledgeable people in an easily digestible way. Buying the right life insurance policy is a critical decision and will impact you and your family and loved ones for the rest of your life and thereafter. It makes sense to be informed and this book does just that. Read the book that has been 25 years in the making, and get all your questions about life insurance answered.