https://padlet.com/05lkemp/y5lgzjx1xzoftbgo Made with the help of Keith Urban en-us 2021-03-26 03:00:18 UTC 2025-03-18 01:09:11 UTC hello@padlet.com https://newyork.cbslocal.com/wp-content/uploads/sites/14578484/2012/11/keith-urban-acm2012-cropped.jpg?w=1074 05lkemp https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355844432 You make payments to an insurance company and in return they get a sum of money paid to them after a period of time or to their family if they die.]]> 2021-03-26 03:03:58 UTC https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355844432 05lkemp https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355855272 2021-03-26 03:09:04 UTC https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355855272 05lkemp https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355860324 Term: It lasts for a numbers of years before it expires. If you die before then, a fixed amount of money (death benefit) is given to the person or people you've set to receive it.
Whole: This type of insurance is permanent and never expires. It has a death benefit and a cash value. It is similar to an investment like. tax deferred savings account. Every month a portion of your premium goes into the cash value of the policy.
Universal: Has a cash value. Your premiums go towards the cash value and death benefit. Heres the catch though: you can change the premium and death benefit amounts w/o having to get a new policy.
Variable: The money goes into a series of mutual fund like sub accounts where you can get some decent growth on it. BUT you also have a chance of losing money as well. Depending on the market.


]]> 2021-03-26 03:11:24 UTC https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355860324 05lkemp https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355902275 2021-03-26 03:31:01 UTC https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355902275 05lkemp https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355905978  a beneficiary refers to someone eligible to receive distributions from a trust, will, or life insurance policy. To receive payment, your beneficiaries file a claim, then wait up to 30-60 days for the company to pay out. They may get to chose from different payment options also.]]> 2021-03-26 03:32:47 UTC https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355905978 05lkemp https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355915032 2021-03-26 03:37:08 UTC https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355915032 05lkemp https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355920690 2021-03-26 03:40:01 UTC https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355920690 05lkemp https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355921617 An insurance premium is the amount of money an individual or business pays for an insurance policy. Factors like, age, gender, health history, family health history, smoking, hobbies, occupation, and the specific policy you chose, all determine your premium. ]]> 2021-03-26 03:40:29 UTC https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355921617 05lkemp https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355932879 2021-03-26 03:47:02 UTC https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355932879 05lkemp https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355948938 2021-03-26 03:56:48 UTC https://padlet.com/05lkemp/y5lgzjx1xzoftbgo/wish/1355948938