Insurance policies are difficult to understand. But today I talked to a life insurance agent; I am thinking of insuring my life! It took me five years to took this decision. However, I have insured my vehicle already.
The terminologies of insurance are difficult for me to understand. Here are some:
Death benefit, accidental death benefit, cash value, cash withdrawal, coinsurance, cost-of-living rider, disability insurance, executive indemnity insurance, face amount, guaranteed insurability, hidden load, incontestability clause, indemnity, issue date, master policy, mortgage life insurance, municipal bond insurance, named peril coverage, participating insurance, policy limit, qualification period, underinsured motorist coverage, uninsured motorist coverage, underwrite, waiver of premium, accelerated benefits
By the way, when will the health insurance fashion start in my place? Health is wealth.