Life Insurance FAQs
On my journey as an insurance agent and blogger, I have been trying to help people understand how life insurance companies and insurance providers work. During this time I came across thousands of different questions. It would take me far too long to write it all down in this LIFE INSURANCE FAQs section, so I only picked out a portion of those that appear the most searched for in the insurance industry. To understand how life insurance policies work, I would recommend you to visit also my Life Insurance Tips&Tricks section, and for you to read my Genius James Life Insurance Blog, where I provide help on how to save money on Life Insurance, get best family protection, secure your mortgage, transfer family wealth, as well as plenty of other helpful and hidden futures in the life insurance industry.
"Knowledge isn't power until it is applied!"
What is Life Insurance:
Life insurance is a financial contract drawn up between you (the policyholder) and an insurer. As the policyholder, you insure your life by paying monthly life insurance premiums. The life insurance cover ensures that your nominated beneficiaries are paid a lump sum of money upon your death.
For more information click HERE.
Did you know:
It may seem that life protection is something quite new, but in fact, it is almost 4000 years old!
The first form of insurance policy can be found as far back in history as 1750 BC, carved on a Babylon monument with the code of King Hammurabi etched in it.More about Life Insurance History can be found under the blog section HERE.