https://padlet.com/05ldemski/2g95ob6bypx04nmr en-us 2020-11-11 13:49:26 UTC 2020-11-11 14:28:27 UTC hello@padlet.com 05ldemski https://padlet.com/05ldemski/2g95ob6bypx04nmr/wish/912754829 Is a contract that is between an insurance policy holder and the insurer. The insurer has to pay a certain beneficiary for a premium.]]> 2020-11-11 13:51:04 UTC https://padlet.com/05ldemski/2g95ob6bypx04nmr/wish/912754829 05ldemski https://padlet.com/05ldemski/2g95ob6bypx04nmr/wish/912767732 Term Insurance- Life insurance that provides coverage at a single cost of payments for a limited period of time.

Whole insurance- Insurance that is guaranteed to remain in force for the insured's lifetime.

Universal Insurance- Cash value life insurance. The excess of premium payments above the current cost is made into cash value.

Variable Insurance- Insurance policy that can act as different accounts that have cash value.]]> 2020-11-11 13:54:38 UTC https://padlet.com/05ldemski/2g95ob6bypx04nmr/wish/912767732 05ldemski https://padlet.com/05ldemski/2g95ob6bypx04nmr/wish/912811291 the insured person will determine how much beneficiaries they will receive.

Beneficiaries- people who receive money or other benefits from the Life Insurance policy.]]> 2020-11-11 14:06:04 UTC https://padlet.com/05ldemski/2g95ob6bypx04nmr/wish/912811291 05ldemski https://padlet.com/05ldemski/2g95ob6bypx04nmr/wish/912871022 Premium- The amount of money the person has to pay in order to keep their insurance policy.

Factors that determine them
- Age
- Deductibles
- Driving record]]> 2020-11-11 14:20:33 UTC https://padlet.com/05ldemski/2g95ob6bypx04nmr/wish/912871022 05ldemski https://padlet.com/05ldemski/2g95ob6bypx04nmr/wish/912895966 https://www.investopedia.com/terms/l/lifeinsurance.asp 

https://www.nerdwallet.com/blog/insurance/types-of-life-insurance/ 

https://www.investopedia.com/best-life-insurance-companies-4845858 ]]> 2020-11-11 14:26:25 UTC https://padlet.com/05ldemski/2g95ob6bypx04nmr/wish/912895966