Important Things You Should Know About 'Family Income Benefit Quotes'
What do you need to do to get an affordable family income benefit quote?
Given below are certain steps that you need to follow to ensure you are getting a really affordable quote:
1) Answer questions properly
Always remember that you will have to answer certain questions before being eligible for a quote. You need to answer the questions as precisely and frankly as you can.
2) Type of life cover
If you are looking for a single life cover, you just need to furnish one set of details. In contrast, if you want a joint life cover, then you have to choose the joint option in the online form and furnish separate sets of details for both persons.
3) You need to be in good health
You will be eligible for a quote only if you are in a good health condition. If you are not, then you need to talk to the provider in person regarding your circumstances.
4) Decide about the cover
You essentially need to make a decision which cover is going to suit your needs. Just mention the amount you need as cover and the term or the number of years for which you need the insurance policy.
5) Get quote button
Subsequently, you need to press the get quote button. Subsequently, after a gap of few seconds, your quote will be processed and get back to you on the Internet.
6) Key features document
Then you will be asked to provide your name and email address. After proceeding, a customized key features document will be produced. You need to read it pretty cautiously. More often than not, they are produced in a PDF format. You can easily download this document to your personal computer and it does not take much time. Reading this document is extremely important since this document will contain useful information about the policy.
7) Proposal form
Subsequently, you can download a proposal form which is also generated in PDF format. Take a printout of the proposal form, fill out the required fields and send it to the chosen financial agent via post. You will find their official address at the bottom of the document.
8) Knowing the purpose of a quote
Always keep in mind that a no-obligation family income benefit quote is just an offer and not an advice or suggestion that the policy, degree of cover or carrier is suitable for your particular insurance requirements.
What information do you need to furnish for getting a family income benefit quote?
You will be asked to provide details like the following:
- Your name
- Your sex
- Your occupation
- Your email id
- Whether you smoke
- Whether you are looking for single cover or joint cover
- Amount of cover you want
- Tenure of your policy
- Frequency of premium
- Whether you want increasing benefit
If you have any confusion in your mind whether any particular insurance product in this category fulfills your requirements, it is advisable that you visit the branch of the concerned insurance office and clarify all your doubts.
Insurance: A Guide
"Remember kids, I have life insurance" - Adam Savage
This is a guest article from Tatyana Levin
These days one must be financially savvy. Money is not easy to come by and should be managed carefully. With the availability of tools that make it easy to keep track of current events, the stock market, and even your own money, it would be almost a crime to not utilize these tools to make the best and most informed financial decisions. Unfortunately, the more there is, the more there is to keep track of. This applies both to tracking tools and money (the small curse within the comfort of having money to keep track of).
The savvier ones of us dabble in investments, and the savviest make their living that way. The key is that they know what to invest in. Not magically, of course; investors do a significant amount of research to learn how to optimize their portfolios, but they have the understanding.
A grossly overlooked investment is insurance. This may be because is not typically referred to as an investment with the exception of whole life insurance that has a specific investment component within it. Webster’s defines the word “invest” as a commitment of money for a return and “insurance” as a guarantee. This makes insurance the safest type of investment, because your returns are guaranteed. But returns are not always financial in the case of insurance. They can be, if there is an unforeseen accident, but the most certain return is the feeling of security.
Now there are many different types of insurance, and what you need depends on your current situation. Obviously you only need auto insurance, found using auto insurance leads if you have a car, and you only need renter’s insurance if you rent and have possessions that you would need insured. Insurance is for those who have something to lose. With an attachment to something, either emotional of physical (or dependence, not like physically being glued to your car), comes the fear that it will be damaged or ruined in some way. For example, if your house caught on fire, you would be devastated. What would add insult to injury is not having a way to recover from this horrible disaster.
These types of examples are not unique to this article. That is the way that insurance is sold. As they say that clichés are clichés for a reason, insurance is promoted this way for a reason. The foundation of the concept of insurance is uncertainty, and it is the same uncertainty that is conjured up when investing.
The main difference between insurance and investment is that not having insurance creates a feeling of uncertainty while investments by nature are uncertain. Therefore, investing in insurance creates security and is the only secure investment that exists (and is legal). Getting insurance should be one of the easier financial tasks if you apply all the resources available with technological advances like smart phones.
About the Author: This article was written by Tatyana Levin, a copywriter for InsuranceFiles.com
