tag:blogger.com,1999:blog-49293211328555612362011-07-07T17:13:06.196-07:00Kyle J. Nortonhttp://www.blogger.com/profile/08867522342451606309noreply@blogger.comBlogger11100tag:blogger.com,1999:blog-4929321132855561236.post-59422509623452823692008-10-27T09:54:00.000-07:002009-04-05T19:46:40.624-07:00<h3 class="post-title entry-title"><br /><a href="http://kylenorton.homemadeen.hop.clickbank.net/"><img style="width: 405px; height: 64px;" src="http://homemadeenergy.org/aff/468x60.gif" /></a><br /><br /><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://kylenorton.wildmedia.hop.clickbank.net/"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 425px; height: 94px;" src="http://www.foreclosuredefensesecrets.com/images/general16-800x600-blue_02.jpg" alt="" border="0" /></a></h3> Our Sponsors<br /><a href="http://langtonlam.ltcsecrets.hop.clickbank.net/">Long Term Care Insurance Consumer Buying Guide.</a><br /><a href="http://langtonlam.insurleads.hop.clickbank.net/">Insurance Leads Generation.</a><br /><a href="http://langtonlam.tonybahu.hop.clickbank.net/">Annuities: The Shocking Secrets Revealed.</a><br /><br /><span style="font-family:verdana;">Whole life is </span><span style="font-family:verdana;">the most common type of permanent life insurance </span><span style="font-family:verdana;"> that can cover the policyholder over the course of their entire life as long as premium are paid by owner of the policy or policy itself.</span><br /><span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" >Whole life insurance have below characteristics<br />1. Participating<br />The policy owner shares with the insurer in some of the risks and rewards associated with the expenses and mortality gains/losses associated with life insurance underwriting. Participating policies entitle the policy owner to a return on investment in the form of dividends.<br />2. Non-Participating<br />The policy owner do not share in any of these variables:<br />a)All of the premiums, benefits, and<br />b) Values associated with the policy are fixed and guaranteed at the time of policy issue. </span><br />3. <span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" >Interest rate sensitive policies<br /></span><span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" > </span><span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" >In interest rate sensitive policies, </span><span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" >premium rates are based on estimates or assumptions, respecting future claims, investment earnings, and operating expenses. </span><span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" >Since premiums and benefits for traditional whole life products are guaranteed throughout the term of the contract, estimates of future investment earnings must, of necessity, be conservative.<br />4. </span><span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" >Adjustable premium whole life<br /></span><span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" > In </span><span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" >Adjustable premium whole life, </span><span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" >the sum insured and the premiums are guaranteed for a limited period</span>. <span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" >At the end of that period, investment yields are higher than those prevailing, when the contract was made, one of two things happens: Either<br />a) The sum insured will be increased without increasing the premium, or<br />b) The sum insured will be maintained and the premium will be reduced, to reflect the higher interest rate applied.<br /></span><span style="color: rgb(0, 0, 0);font-family:Verdana;font-size:100%;" >Conversely, if investment yields are lower than anticipated, then the sum insured will be decreased on the same basis, but the policy owner will usually have the option of paying a higher premium, in order to restore the sum insured to its previous level.<br /></span><span style="color: rgb(0, 0, 0);font-family:verdana;" >I hope this information will help. If you need more information, you can read the complete series of the above subject at my home page:</span><br /><br /><a style="color: rgb(0, 0, 0); font-family: verdana;" class="linkification-ext" href="http://lifeanddisabitityinsuranceunderwriter.blogspot.com/" title="Linkification: http://lifeanddisabitityinsuranceunderwriter.blogspot.com/">http://lifeanddisabitityinsuranceunderwriter.blogspot.com/</a><br /><a style="color: rgb(0, 0, 0); font-family: verdana;" class="linkification-ext" href="http://financialinvesting18.blogspot.com/" title="Linkification: http://financialinvesting09.blogspot.com/">http://lifeinsurance05.blogspot.com/</a><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/4929321132855561236-5942250962345282369?l=life-insurance05.blogspot.com' alt='' /></div>Kyle J. Nortonhttp://www.blogger.com/profile/08867522342451606309noreply@blogger.com39