insurance

  • Can’t Decide Between Direct Term Life Insurance and Whole Life (Permanent) Insurance

    Can’t Decide Between Direct Term Life Insurance and Whole Life (Permanent) Insurance

    The idea of life insurance is far from being a modern-day invention. Life insurance has a long history that stretches back thousands of years into the distant past.

    Around 1705, England witnessed the foundation of the very first insurance company known as the Amicable Society. From there, insurance businesses sprung up all over the UK and throughout the world.

    As society has evolved, so too has basic life insurance. We now have so many different types of life insurance such as whole life insurance, direct term, universal, final expense, variable, guaranteed issue, simplified issue, variable universal, the list goes on and on. There is even a variation of life insurance that pays a benefit when you are totally and permanently disabled, providing you with funds should you be unable to work again. Claims from this type of insurance can be difficult, especially at a time when you are not at your best, which is where companies like Curo can help. You can see more information about TPD insurance claims from Curo here. However, the meaning behind life insurance as a whole has not changed significantly. Life insurance is a way of seeking financial protection for your family when you lose your life. 

    For the purposes of this post, we’ll take a look at direct term vs whole life insurance, so that it can be easier for you to decide what suits you best.

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  • What Insurances Are Out There

    What Insurances Are Out There, And Do You Need Them?

    Insurance is basically an arrangement by which a financial organization, undertakes to provide a guarantee of compensation for any specified losses, damages, illnesses, or death in return for the payment of a specified premium.

    Here we will discuss which insurance policies are essential for most, and which ones you can afford to live without. 

    At least once a year, many of us are reviewing our personal financial situation and are looking to save money any way we can. One of the first things to do that can seem dispensable is the long list of insurance policies many of us hold. But which insurance is non-essential, and which should you hold onto? Which ones do we need to consider later on down the line? We look at which policies we can cut back on and which many of us could be wise to keep. (more…)