Category: Life Insurance

Principle of Insurable Interest

What is Insurable Interest? The principle of insurable interest is basic to insurance law. The principle essentially states that an individual with insurable interest on the subject of insurance must stand to lose financially or suffer harm in some ways if the subject of insurance is damaged or destroyed or lost. Example, you have an [...]

Thursday November 18th, 2010 in Life Insurance | Comments Off

Choosing Life Insurance

How to Choose a Good Life Insurance Policy for Yourself? “Mirror mirror on the wall, which life insurance policy is the best of all?” Have you ever asked this question? It is great to always get the best out of the single dollar we spend. In the context of Microeconomics, you gain the highest marginal [...]

Friday May 7th, 2010 in Life Insurance | Comments Off

Determine How Much Life Insurance Do You Need

How Much Life Insurance Coverage Do You Need? Have you ever asked yourself, how much life insurance coverage do you need? This is one of the life insurance FAQs as there is no clear guideline on the figures deemed as sufficient. Before determining how much coverage you need, you have to be clear in your [...]

Wednesday May 5th, 2010 in Life Insurance | Comments Off