Health insurance isn’t the best subject to think about. As a matter of fact, most of us would rather not think of this subject at all! I didn’t make that piece of statistics up. In a study done by the Insurance Information Institute, it was found that a third of all American families with a new baby do not take the time to update their life insurance coverage!
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Life Assurance Plan
Life Assurance and Life Insurance. Life insurance has no 'investment value' while Life Assurance is strictly for investment purposes only in most instances. read more...
Low-Cost Insurance - Health Assurance With COBRA
April 8th, 2009The Difference between Life Insurance and Life Assurance
March 22nd, 2009Life Insurance And Life Assurance Are Not The Same!
The average man in the street assumes that Life Insurance and Life Assurance are names for the same form of insurance. Life Insurance provides you with insurance cover for a specific period of time (known as the policy’s “term”). Life Assurance is different. A Life Assurance policy pays out a sum equal to the higher of either a guaranteed minimum underwritten by the policy’s insurance provisions or its investment valuation. The value of these bonuses are then determined by the insurance company’s investment performance. Whereas you can buy life insurance online, the Financial Services Authority view life assurance as fundamentally an investment product.
Life Assurance and Life Insurance
October 7th, 2008Since the term “Life Assurance” has been coined, I have always assumed that both Life Insurance and Life Assurance are names for the same form of insurance. Life Insurance and Life Assurance perform two different financial roles and are east to west when it comes to costs. If not, then a life assurance policy is a must.
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