Insurance

Insurance - All The Information You Need On Insurance

Term Life Insurance Quotes For Singles


Insurance

Term life insurance quotes are rarely a concern of single people, but they should be. Unfortunately, there is a misconception that term life is something owned only by families in the event that the chief breadwinner dies.

Term life insurance quotes and policies should be on the minds of everyone, not just parents and families, for a couple of reasons.

Mortgage Life Insurance

While people are still getting married and buying homes, the same is true of many single people. For single individuals who own a home, getting life insurance through comparison shopping is important.

If a property owner dies without insurance, the bank who handles the mortgage, would take back the home and sell it as quickly as possible in order to recoup their loss. Imagine how heartbreaking that could be for the person's family.

However, if the owner had simply investigated the cost of a term life policy, he or she could have found an affordable policy that would have allowed their loved ones to pay off the mortgage and to keep the property. Even if they chose not to live in the home, it could have been sold at a higher price or turned into rental property to provide income for the beneficiaries. No matter how the property is used, at least the deceased's investment would not have been wasted.

Term Life Insurance for Other Singles

Of course, not all singles own a home but that doesn't mean they shouldn't be considering a term life policy as well.

They may not need mortgage life insurance, but they certainly need term life insurance to cover the expenses of their funeral, burial plot, and possible medical bills. Most singles don't plan for these expenses in advance and without a life insurance policy, loved ones would be left with a potentially large financial burden.

Additionally, investigating prices of term insurance and making a decision can also prevent family members from being left to cover other types of debt, such as car loans and credit card bills which don't simply disappear when a person, whether single or married, dies.

Ivon T. Hughes, The Hughes Trustco Group Ltd.
Online Insurance Broker - Get a FREE Quote TODAY!
Tel: (514) 842-9001
Email: info@trustco.ca
Web: http://www.hughestrustco.com







Car Insurance Rates   |   Dental Insurance   |   Health Insurance   |   Home Owner Insurance   |   Life Insurance Quote



| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 |











What To Look For In Good Health Insurance
Health insurance is a kind of protection that provides payment of benefits for covered sickness or injury. Included in health insurance are various types of insurance such as accident insurance, disability income insurance, medical...(related: Insurance)


How Do I Calculate How Much Life Insurance I Need?
Life insurance protects you and your family from economic hardship as a result of death. It is an insurance company's obligation to pay the recipient of your cho...(related: Insurance)


Auto Insurance Primer
What is auto insurance? Auto insurance (or car insurance, motor insurance) is insurance consumers can purchase for cars, trucks, and other vehicles. Its primary use is to provide protection against losses incurred. By buying auto insurance, depending on the type of coverage purchased, the consumer may be protected against:* The cost of repairing the vehicle following an accident* The cost of purchasing a new vehicle i...(related: Insurance)


Car And Home Insurance Northern Ireland
Don't skimp on insurance. This probably doesn't sound like a way to save money. But keep in mind the purpose of insurance is to transfer to an insurance company the financial risk you can't afford to carry yourself. Without formal insurance, you are de facto self-insuring - meaning you'll pay out of your own pocket in the event of a financial disaster such as loss of a home or a serious illness.For example, many renters don't own renter's insurance, which covers the loss of their personal property (no, the landlord's insuran...(related: Insurance)


Medical Insurance Overseas
Thousands of people have work related commitments and in order to fulfill those commitments they have to travel abroad. Have you ever realized that most of the insurance company's provide only domestic medical coverage? So, whenever you are leaving your home country, do check up with your current Insurance Company whether they have Medical Insurance Overseas.The purpose of taking medical insurance is that you should be covered under all circumstances and to get the medical cover where it is required. So, "Do not postpone for tomorrow; there maybe law against it" and try to get the Medical Insurance Overseas benefits as soon as possible.Things like medicines, fees charged by the doctors, evacuation if required and all other hospitalization fees are incl...(related: Insurance)


Cheap Car Insurance ? 7 Tips To Reduce Your Car Insurance Costs
With the cost of car insurance becoming more and more of an issue for the average American family, there are increasing numbers of people looking for cheap car insurance. But although it...(related: Insurance)


Long Term Care Insurance - Low Cost Alternatives For Budget Conscious Seniors!
With Nursing home Cost's running $4,000 to $6,000 a month and outpacing inflation, it is a small wonder that most seniors cannot afford the Long term Care insurance premiums. Their are low cost Alternatives available for seniors who just can't afford the rising cost of these Premiums.Many Seniors even question if they need Long Term Care Insurance. Take a look at...(related: Insurance)


Life Settlement: Towards A Free Market For Life Insurance
The Life Settlement market is all about providing due access to needed cash from existing life insurance.This so-called free market referred to as the life insurance industry's secondary market is based on a central premise, namely that the value of life insurance is best determined...(related: Insurance)






Google




Basic Coverage Of Homeowner Insurance Policies
The insurance policy is a package that includes more than 1 type of insurance in a policy. There are 4 types of coverage contained in the home insurance policy.Included are:Dwelling and Personal PropertyPersonal LiabilityMedical PaymentsAdditional Living ExpensesIn this article, Dwelling and Personal Property Damage will be explained:Property damage coverage will help pay for any damage to your dwelling or personal property. Other parts of your home, such as a detached garage, a shed, or any other building on your property are usually covered for about 10% of the amount of coverage on your home.Personal property coverage pays for your personal property, which includes your furniture, clothing, and other personal property.The amount of that insurance coverage is about 50% of the policy...(related: Insurance)

Long Term Care Insurance How Much Should I Buy?
Long-term care insurance policies have a variety of features and it pays to shop around. It is quite easy in the final years of your life to run up extremely large care bills which could threaten your life savings, home and your children's inheritance. Okay some people do not care about their offspring so much as is evident by looking at the bumper stickers of the deluxe Recreational Vehicle Motor Homes; "we are spending our children's inheritance!"You need to ask yourself not only; "How much long-term care insurance shoul...(related: Insurance)

Insurance In Northern Ireland: Historic Difficulties
No doubt most readers will have heard of the Northern Ireland "troubles" or possibly seen some of those ghastly images from the seventies, eighties and early nineties on your television screens. Thankfully the worst of those dark days seem to be over. Unless you are a Northern Ireland resident you probably won't be aware of the impact the "troubles" has had on insurance premiums in that part of the world, especially on motor vehicle insurance rates.The lawless activities of those times saw a huge increase in vehicle theft for use in criminal activities or to build hastily erected roadblocks, usually resulting in cars, vans and buses being burnt out. So called "joyriding" was then and still is a big ...(related: Insurance)

site-map - Copyright © 2006 Insurance | All Rights Reserved. | Insurance