Life insurance ?

[SwamyRaRa]

Life insurance Ela choose chesukovali?

Ee insurance lo emi emi plans vuntavi?

thorough some light here...

keep the flow flowing

[samaja_varagamana]

k

[SwamyRaRa]

1 minute ago, samaja_varagamana said:

k

Reported

[PhillyDotNetGuy]

I don't like the concept of life Insurance.

Manam poyaka vache money kosam ippudu money waste chestava........

 

[icecreamZ]

11 minutes ago, PhillyDotNetGuy said:

I don't like the concept of life Insurance.

Manam poyaka vache money kosam ippudu money waste chestava........

 

 

15 minutes ago, SwamyRaRa said:

Life insurance Ela choose chesukovali?

Ee insurance lo emi emi plans vuntavi?

thorough some light here...

keep the flow flowing

there are two types of life insurance

1.Term insurance:

simple form of insurance which we regularly hear.

you pay monthly / yearly or one time premium.

you get money when you die during the policy coverage period.

eg: 150k insurance coverage ki 100$ per year kadathav premium for 30 years coverage.

if you die in between your family or nominees will get 150k.

 

addon: ADD ( accidental death coverage) this is extra money your nominees would get if you die in an accident other than natural causes.

you may need to pay 5-10$ more 

 

 

2. wealth insurance (only in india anukunta / never heard in US)

you pay high premium like a recurring deposit, till a maturity period.

at the end you will get the maturity money. if you die in between, your nominees will get the full covered money.

This is like a saving/mutual fund account + term insurance.

you will get tax benefits with this kind of insurance.

 

 

 

 

Its always good to spend few extra 100$ per year to get a term insurance if you have a family depending on you.

 

 

 

 

[samaja_varagamana]

25 minutes ago, SwamyRaRa said:

Reported

deported !

[Rusk_Raja]

Just now, samaja_varagamana said:

deported !

rei 

[Butterthief]

49 minutes ago, Rusk_Raja said:

rei 

vuuuuu

[Rusk_Raja]

6 minutes ago, Butterthief said:

vuuuuu

[Butterthief]

1 minute ago, Rusk_Raja said:

[Peter123]

[SwamyRaRa]

10 hours ago, icecreamZ said:

 

there are two types of life insurance

1.Term insurance:

simple form of insurance which we regularly hear.

you pay monthly / yearly or one time premium.

you get money when you die during the policy coverage period.

eg: 150k insurance coverage ki 100$ per year kadathav premium for 30 years coverage.

if you die in between your family or nominees will get 150k.

 

addon: ADD ( accidental death coverage) this is extra money your nominees would get if you die in an accident other than natural causes.

you may need to pay 5-10$ more 

 

 

2. wealth insurance (only in india anukunta / never heard in US)

you pay high premium like a recurring deposit, till a maturity period.

at the end you will get the maturity money. if you die in between, your nominees will get the full covered money.

This is like a saving/mutual fund account + term insurance.

you will get tax benefits with this kind of insurance.

 

 

 

 

Its always good to spend few extra 100$ per year to get a term insurance if you have a family depending on you.

 

 

 

 

Antey 1 lo oka vela chanipokuntey money raava?

[Leonardo_Di_Carpio]

nadi Metlife undi...

monthly $30 paying...

coverage baguntadi....

[Common Man]

2 hours ago, Leonardo_Di_Carpio said:

nadi Metlife undi...

monthly $30 paying...

coverage baguntadi....

Coverage entha man... Na car insurance vadu weekly once call chesi chavagodutunnadu life insurance tisukomani..

[SeemaLekka]

14 hours ago, icecreamZ said:

 

there are two types of life insurance

1.Term insurance:

simple form of insurance which we regularly hear.

you pay monthly / yearly or one time premium.

you get money when you die during the policy coverage period.

eg: 150k insurance coverage ki 100$ per year kadathav premium for 30 years coverage.

if you die in between your family or nominees will get 150k.

 

addon: ADD ( accidental death coverage) this is extra money your nominees would get if you die in an accident other than natural causes.

you may need to pay 5-10$ more 

 

 

2. wealth insurance (only in india anukunta / never heard in US)

you pay high premium like a recurring deposit, till a maturity period.

at the end you will get the maturity money. if you die in between, your nominees will get the full covered money.

This is like a saving/mutual fund account + term insurance.

you will get tax benefits with this kind of insurance.

 

 

 

 

Its always good to spend few extra 100$ per year to get a term insurance if you have a family depending on you.

 

 

 

 

$100 edi monthly? what are the best insurance company's to get man?