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Archive for 'Term Insurance'

What are the advantages of taking out a joint term life policy with ones spouse?

This is all about tax. Inheritance tax to be precise. Now, tax isn’t fun, but any tax capable of being avoided must be more appealing than other taxes. Inheritance tax is one of the few taxes that can legitimately be avoided with a good deal of attention to detail and some forward planning. Make use […]

What are the advantages of taking out a joint term life policy with ones spouse?

This is all about tax. Inheritance tax to be precise. Now, tax isn’t fun, but any tax capable of being avoided must be more appealing than other taxes. Inheritance tax is one of the few taxes that can legitimately be avoided with a good deal of attention to detail and some forward planning. Make use […]

How does age effect my term assurance premiums?

Like with medical conditions, your term assuarnce premiums are decided upon depending on the likelihood that the insurance company will have to pay out on the insurance. Should your medical conditions show a likelihood that you might die during the period, the term assurance company may either deny you term assurance cover or charge you […]

What is the difference between term insurance and whole life assurance?

The simplest answer to this question is that term insurance provides protection against death during a specified period and whole of life insurance provides protection against death at any time. This is a very important distinction to make. Term insurance will last for between one and about 30 years. Should you die during this term, […]