(13) Fundamentals of Life Insurance



























































Subpages (19): 13.10- What is "Dependency Period" Specific to Life Insurance Policy? 13.11- What is "Estate Clearance Fund" Specific to Life Insurance Policy? 13.12- What is "Human Life Value" Specific to Life Insurance Policy? 13.13- What is "Legal Reserve" Specific to Life Insurance Policy? 13.14- What is "Level-Premium Method" Specific to Life Insurance Policy? 13.15- What is "Needs Approach" Specific to Life Insurance Policy? 13.16- What is "Net Amount at Risk" Specific to Life Insurance Policy? 13.17- What is "Premature Death" Specific to Life Insurance Policy? 13.18- What is "Readjustment Period" Specific to Life Insurance Policy? 13.19- What is "Yearly Renewable Term Insurance? 13.1- What is Premature Death and the costs associated with premature death? 13.2- What is the financial impact of premature death of different types of families? 13.3- What are the basic methods for estimating the amount of Insurance to own, including the Human Life Value Approach, Needs Approach and Capital Retention Approach? 13.4- What is the Yearly Renewable Term Method for providing life Insurance protection to an Individual? 13.5- How does the Level-Premium Method provide lifetime Insurance Protection to an Individual? 13.6- What is the "purpose of the Legal Reserve" Specific to Life Insurance Policy? 13.7- What is "Blackout Period" Specific to Life Insurance Policy? 13.8- What is "Capital Retention Approach" Specific to Life Insurance Policy? 13.9- What is "Cash Values Approach" Specific to Life Insurance Policy?