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Posts Tagged ‘Life Insurance’

Stepped or Level Premiums for Life Insurance?

When looking for the right Life Insurance policy within Australia, it is important to consider which premium structure you would like to choose. Stepped premiums are great in the short term, though will end up costing you a lot more in the longer term.

“When discussing with clients, I always ask for how long they see themselves needing life insurances and income prote Read the rest of this entry »

For example, if you die within three (3) years of transferring ownership of your existing policy, the life insurance policy will be taxed as part of your estate. The things that are second nature to you, whether it’s how to purchase life insurance if you’re a broker; how to write a press release if you’re a marketing consultant; or how to troubleshoot a light switch if you’re an electrician; are all news to those of us on the o Read the rest of this entry »

1. How does a life insurance company decide how much a particular policy costs?

The price of a life insurance policy is a life insurance company’s calculation of the amount of cash necessary to gather from each member of the life insurance pool. The price is always dependent on the mortality tables and the calculation of the size of the risk the life insurance company is taking on by being the insurer of your life Read the rest of this entry »