Individuals who seek to invest in low risk investments seek traditional life insurance plans. There are various insurance plans available in the market that caters to specific needs of individuals.
Choosing a specific plan may become difficult if you do not understand the difference between these plans. These traditional plans differ in coverage period and benefits. Evaluation of these plans will help you choose a best plan based on the returns that you seek from the investment.
If you are an insurance agent, you will need to possess comprehensive knowledge about these plans so that you can help your customers choose the right plan. For instance, term insurance plans of three types—decreasing term insurance, increasing term insurance and term insurance with return of premiums. You should be able to highlight the benefits of each of these plans to help your customers make the right choice.
In this course, we will discuss the types of traditional insurance plans. We will also explain about riders in life insurance that provide added benefits to the insured. This course is also useful for any individuals who seek to understand the fundamentals of traditional plans to choose a right plan for themselves.
Individuals who seek to invest in low risk investments seek traditional life insurance plans. There are various insurance plans available in the market that caters to specific needs of individuals.
Choosing a specific plan may become difficult if you do not understand the difference between these plans. These traditional plans differ in coverage period and benefits. Evaluation of these plans will help you choose a best plan based on the returns that you seek from the investment.
If you are an insurance agent, you will need to possess comprehensive knowledge about these plans so that you can help your customers choose the right plan. For instance, term insurance plans of three types—decreasing term insurance, increasing term insurance and term insurance with return of premiums. You should be able to highlight the benefits of each of these plans to help your customers make the right choice.
In this course, we will discuss the types of traditional insurance plans. We will also explain about riders in life insurance that provide added benefits to the insured. This course is also useful for any individuals who seek to understand the fundamentals of traditional plans to choose a right plan for themselves.
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