Uncategorized

The 10 best blogging platforms available for free | Creative Bloq

Term Life Insurance-how to be winner for the assured

If you have a 20 year term life insurance policy with dividends, you can come out a big winner by:
1. redeeming your yearly dividend.
2. and if you are still healthy and fit, terminate the policy by the cash out option just before the expiration (like 12 months before end date).

If you die when your policy is about to expire (say, in 12 months), the insurance company will make it hard for your beneficiary to claim through harassment and bullying tactics.

If you hold on to the policy up to the last day and it expires, the assured survivor or owner of the policy gets nothing at all.

As the financial adviser to my relatives and friends, I am also sharing this with your readers.

Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s