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Showing posts from September, 2018

Do You Need Life Insurance or Not?

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Life insurance woodland hills is one of the most important decisions an individual can take during his lifetime. This type of insurance is a contract between the insurer and the insured that promises to pay a certain amount at the death of an individual, or at the maturity of the insurance coverage. People buy life insurance according to their needs and requirements. The duration of a life insurance policy and its premium amount varies from policy to policy. Life insurance coverage can be bought directly from the insurance company or an independent insurance brokerage firm. Not too long ago, people used to look at life insurance coverage as an additional expense and did not take it seriously. Their ignorance to its importance was mainly due to their lack of knowledge about life insurance policy and its benefits at the time when the insured person passes away. As they came to know about the benefits of having a proper term or permanent life insurance, they seriously began to consi

Are You Buying The Right Life Insurance Los Angeles

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Life insurance Los Angeles is one of the most important components of any individual's financial planning. There's a lot of misunderstanding related to life insurance, and it is mainly due to the way it has been marketed and sold over the years in India. Surprisingly, there are still many people who make some common mistakes when they buy life insurance policy either from an independent insurance brokerage or insurance firm. The most common mistake is that many policyholders buy life insurance policy not according to their requirements but according to their budget. They buy what they are sold, not what their want is. This is not an approach you should take when buying something as critical as buying a life insurance policy. Your insurance requirement is a function of your financial situation, so this has nothing do with insurance policies that are available. A large number of insurance buyers use rule of thumb when purchasing life insurance policy i.e. cover of 10 times