Information about life insurance and financial benefit: How to know which is the best? What is your coverage?
Before hiring your life insurance coverage is crucial to look at because at the same course coverage of capital, companies establish significant differences.
Not enough to compare prices. Each insurance company sets its scale of allowances, as well as its limits, specific clauses, deductibles and exclusions.
1) Object, what is life insurance?
Life insurance is often hired in order that, in case of death or total disability and / or permanent, the insurance company a sum of money available to you and your family.
This amount varies depending on the type of policy you want to hire: basic package or maximum coverage. As is logical, the higher the coverage, the higher the budget that the company will do.
2) Recruitment of life insurance
Life insurance take into account what your personal situation (age, economics, profession, hereditary diseases, and others) to find the one that most closely matches what you want for your family and yourself.
Some companies make special prices to women and other groups, which is a factor to consider in case you wish to hire a life insurance policy.
Today, more and more people are wanting to buy a policy and even many of its banks are offered as a supplement to transfer their salary, or create an account.
It is common to almost all insurance companies included in the basic cover the possibility of serious illness (which each provided in a list which will be provided to inform the offices).
They include, as we have seen, basic coverage or maximum coverage. The difference between them is primarily to additional clauses such as those we detail below:
– Studies orphans: in case of the death of the parents, the children receive a monthly income up to a certain age.
– Ensure the whole family: family plans for those who want to hire him for themselves and their children, with both pediatric and adult coverage.
– Travel Assistance: This clause allows you to have full coverage (within the territory specified in the policy) if you are traveling (drug delivery, second medical opinions)
4) price of life insurance:
The insurance company should always have available to reach any customer price table in which, at least, set the economic difference between hiring one for a young man, a child, an elderly person, specifying the old scale which is each insured (eg, child 3-14 years).
5) Amounts added
If you need legal advice or an attorney, for whatever reason, there are many insurance companies available to clients legal assistance service, which usually includes: criminal law, traffic tickets, expert telephone assistance, contact attorneys and others.
It is also very common that many insurers cover outstanding guarantees (guarantee of deaths) such as extraordinary expenses of the funeral, hospitalization allowance, niche or burial, and assists several to that in the most difficult and if needed, covers everything you need.
6) Types of life insurance
There are also term life insurance for people who are going to play a risky and want to hire him for a certain time and that offers an exclusive service.
On the other hand, there are others that allow you to use the capital that you have engaged in a lifetime, that is, in this way, if there are no circumstances that your policy covers, it is effective and remains in force until needed (whether certain circumstances have changed.) However, it is best to check at the offices of the insurance company if there are possibilities of significant changes that could make your personal situation varies.
People who enjoy a pension fund are also, generally, insurance specially designed for them, since the main objective is to complement the provision they would get those customers in case of accident or death.
In these cases also, the premium is usually smaller because it is intended to collective pensioners.
Similarly, there are mixed life insurance guarantee coverage in case of accident or death and, similarly, allow capital available if needed, although not all companies provide this type of service, so that it is always better information on several insurance before hiring any policy.
Lastly we would like to add that can be contracted in many ways and with many different features so that in case you wish to learn about the characteristics of one or another policy, it is better to have professional business to tell us in detail what is hiring this service and what features each.