–1 vote
in Finance by
With super top-up plans you can claim as many as times as you want till you exhaust the sum assured. However, it is imperative for you to check the disease and treatment coverage of these plans. You don’t want to end up buying a super top-up plan that won’t cover the treatment you might undergo in future (as in case of pre-existing diseases). Buy Top Up Health Insurance Plan :    
goo.gl/0ZQEPZ

1 Answer

0 votes
by
What Is Whole Life Insurance

Whole life insurance is a form of life insurance that covers you for your entire life. The policy covers the insured parties without any expiration date unless terminated through an application to the insurance company. If you are looking for a plan that will benefit your family or people you love, whole life insurance is the ultimate choice which will see the people left behind with benefits. Various insurance groups provide different coverage to customers thus choosing the one suits your needs are encouraged. Some considerations are taken when one is applying for any protection against future uncertainties. Death is inevitable hence appropriate efforts can be made to secure the losses that are suffered in case it happens. The family will be compensated the amount that has been contributed to the life of the insured party.


The Role of Insurance Companies to the Welfare of the Society

Insurance companies contribute to the well-being of people in the community. The firms provide different services besides compensating the beneficiaries who are listed on a certain coverage by the insured. The amount contributed to the company is like savings which can be withdrawn upon maturity. Maturity, in this case, is the death of the insured person. The insurance firm can also give you documents to indicate that you have a certain amount saved hence one can get financial help like loans and mortgages. The documents from the insurance groups are accepted by banks and other lending institutions. By paying the monthly premiums, you are protected from many activities that are likely to affect you in future.

more details http://www.pacificinsurancegroup.com/free-online-whole-life-insurance-policy-quotes/
0
by
whole of life insurance is probably one of those schemes that are almost like an investment with this whole of life insurance policies you will have to pay the premiums as long as you last and the policy will pay out a lump sum amount to your dependants upon a successful claim after death also known as whole of life insurance.Whole of life insurance is generally expensive form of life cover than term life insurance.
Mainly You must have to  ensure that you can afford not only during your work life but also once you retire.If you fail to keep up your premiums the cover will be cancelled.

AnswerHighway.com is a community driven question and answer site - Ask questions and answer questions across a large range of categories

The opinions expressed on this page are the views of the author, and not necessarily the views of AnswerHighway.com, its staff, or its partners.

...