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Types of insurance everyone should have
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[QUOTE="jhon paul, post: 5436, member: 778"] Hi I have read your post related to different types that you have shared on insurances. It is really helpful that you have suggested and more that I would liken to share about your topic that insurance is a means of protection from financial loss.They are more different types of insurances like,Life insurance ,whole of life insurance,critical illness life insurance,over 50's life insurance,term life insurance,income protection insurance,Family life insurance car insurance etc.. [B]Life insurance:[/B] 1)This type of insurance is very useful to everyone .Life insurance is a type of insurance which pays out a lump sum amount to your love ones if you die. 2)Death benefits are generally income-tax-free to the beneficiary. 3)Death benefits may be tax free if the policy is owned properly. 4)Policy loans are income tax free 5)Certain policies that will help your family with funeral costs. [/QUOTE]
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