Understanding Life Insurance?

Answer Life insurance is insurance that is taken out on someone's life and that pays out when someone dies. Life insurance can be taken out by a person on her own life. However, the money received from th... Read More »

Top Q&A For: Understanding Life Insurance

How do I pay my life insurance premiums on line for Globe Life and Accident Insurance Co.?'s the website.

Understanding Pharmacy Tiers in Health Insurance?

If your health insurance policy covers prescription drugs, you probably need to understand how the Tier system works. Insurance companies established this system to stagger co-payment amounts for p... Read More »

What is the difference in whole life insurance&term life insurance?

Life insurance pays a defined benefit amount when the policyholder dies. Term life insurance pays if the death occurs during the term of the policy--a predetermined number of years. Whole life insu... Read More »

What is term life insurance and whole life insurance?

Term life and whole life insurance are two types of policies that provide a financial benefit when the insured passes away. Both life insurance policies have advantages in costs and protection that... Read More »