http://advancedengineeringbd.com/?p=39

posted by   farid3136 (212)   13 months ago (advancedengineeringbd.com)

Whenever you are thinking of having a life insurance you have to consider the following…….

1. How much life insurance you need. 2. How long you want the cover for. 3. What is the right life insurance for you.

We have listed below brief descriptions of different types of life insurance.

Level Term Assurance - fixed premiums for a number of years and a full payout on claim at any point during the term.

Increasing Term Assurance - the cover increases every year without the need for a medical. Not as popular as Level Term, but it should be as people may require additional cover in line with increases in their income and inflation.