A comprehensive guide on mutual funds within the insurance sector. Learn how insurance companies raise funds, types of mutual funds, and their impact on your investments.
Explore the essentials of Scheduled Premium Variable Life Insurance, a type of whole life policy with a fixed premium and guaranteed minimum face amount.
Discover the essentials of a holographic will, a handwritten and signed document that is found to be valid and legal in estate planning.
Explore the concept of commutation right in life insurance, allowing beneficiaries to exchange a series of payments for a lump sum. Learn its implications and benefits.
Learn about what a fully paid policy in life insurance entails, including how a limited payment policy works and the benefits of having a 30-pay life insurance policy.
Learn about paid-up insurance in life insurance policies, where all premiums are fully paid, guaranteeing coverage without further payments. Understand its significance and benefits.
Explore the concept of postmortem dividend in life insurance, a dividend paid out to beneficiaries after the insured person’s death. Learn its significance and implications in life insurance policies.
Explore the benefits of quantity discounts in life insurance policies. Learn how purchasing a high face value policy can lead to significant savings.
Learn about unscheduled premium payments in life insurance, including their role, benefits, and requirements for universal life policies.
