Level term life insurance types of term life insurance whole term life+more

Terms Definitions Q& A of the Life Insurance Industry and Annuities  

Terms/Questions Definitions/Answer 

1. What are Annuities? An Annuity is a stream of income based on a contract between financial institutions and the client of the insurance company. Fixed annuities have a set guaranteed return, variable annuities can produce higher yields but higher risk with the investment.  
2. How to find the Best Life Insurance Companies? Finding the best life insurance companies usually comes down to a few things which include: Client Budget, Coverage Needed, Age of life insurance policy owner and life insurance beneficiaries. Contact our agent at FindLifeInsuranceCompanies.com to find your best options and get competitive quotes from the companies in which we sell. Remember, when companies compete for your business, you win!  
3. What is the General Purpose of Life Insurance Companies?  Life insurance companies pay your beneficiaries if you pass away. Policy owners or Policy holders pay a premium (usually monthly) to the insurer in order to be covered and the life insurance beneficiary to be paid.  
4. Who are the Best Term Life Insurance Companies? That's a hard question, it depends. Just keep in mind, there are many life insurance companies that offer term life insurance, but you want the ones that fit you the best. For example, if a policy owner only wanted life insurance for 20 years instead of their whole life and they didn't need a cash component, we would suggest companies that offer term. Life insurance Riders are important to consider as well. 
5. Life Insurance Rider A life insurance rider is extra coverage attached to your policy that provides the policy holder or policy owner with a shield of additional protection on their life and or life insurance money.  
6. What is Term Life Insurance? Term Life insurance is life insurance with no cash value. Furthermore, Term life insurance is life insurance for a set amount of time. It is an age-old debate about what is the best life insurance to buy, term life vs whole life insurance. The premiums of Term life insurance is usually cheaper than whole life insurance but whole usually offers more benefits 
7. What communication to expect from a Life insurance company when something happens, or I have question? In life insurance, whether term life or whole life insurance, a direct line of communication that is fair and reasonable should be expected. On FindLifeInsuranceCompanie.com we make sure that our Licensed Texas Insurance Agent caters to the needs of the client in any reasonable way possible.  
8. What is Whole Life Insurance? Wole Life insurance usually includes a cash value. For a monthly insurance premium payment, the customer can get coverage of a death benefit with a cash value option for a loan or interest accumulating investment. 
9. Can you get Life Insurance Quotes for me? By way of the Texas licensed life insurance agent and with help from the Insurance Broker, we seek to help clients looking for the cheapest insurance quotes to the quotes with the highest protection they need and can afford. At FindLifeInsuranceCompanies.com we think the process of matching the client’s needs to the insurance provider’s best option is an important skill an your insurance agent should have. 
10. What is the purpose of Life Insurance? Life Insurance Protects your family from hardships that may have otherwise come if you are not prepared for when you die. It's a tough situation to consider but you will rest easier knowing that your loved ones will be assisted by your life insurance policy. Some life insurance also has cash value you can access, sometimes with or without penalty. 
11. Purpose of a Life Insurance Policy? A life insurance policy spells out the terms of life insurance. For example, Whole life or Term life. What are the extra rider protections available, if any. How long or short the policy is and what is the cost and terms of the policy i.e. premiums.   
12. Is it best to have Universal Life Insurance? Universal life insurance is a type of whole life insurance with a cash value. It is usually cheaper than whole life insurance and is flexible. If you borrow against it, it can affect the policy value or coverage depending on the arrangement with the insurance company. 
13. Life Insurance Near Me? To get information on our locations or how to set up a life insurance policy appointment contact us at FindLifeInsuranceCompanies.com 
14. Is there No Medical Exam Life Insurance? This is a life insurance option that some companies offer where they will give an insurance client life insurance without them having to do a medical exam. Different Life insurance companies offer various options. Let us help you look at your best possible options. 
15. How to find the Best Term Life Insurance Rates? To find the best term life insurance rates, you must compare the companies and what they offer. Rates do change so it's important they have the most updated information on what the insurance companies are offering from your registered licensed life insurance agent. 
16. How to get my Life Insurance License Texas to become a licensed insurance agent? If you are interested in becoming a licensed independent insurance agent, please contact sales@findlifeinsurancecompanies.com to see what options you may have or how to start your journey.  
17. Life Insurance Quotes process? Life insurance quotes are a process where we match up your needs to what the life insurance companies are offering. Whoever gives you the best price for the needed coverage is when you have found the best quote. 
18. Is there Life Insurance available for Seniors? Yes, some companies do offer life insurance for senior citizens. Note, many times the premiums may be higher depending on age. If you are a senior citizen looking to acquire life insurance, please contact us at sales@findlifeinsurancecompanies.com to see what options you may have. 
19. Who is a Life Insurance Agent? A life insurance agent is a person licensed by the state to sale life insurance for insurance companies. They have a fiduciary responsibility to help clients get the best fit life insurance for they needs and interests. There are stiff penalties for a person trying to sell life insurance without a license and it is illegal. I am a licensed Texas Life insurance agent who can help you find the best match for your life insurance and annuity needs. contact me and my broker and we will look to discuss options you may have. Thank you.  
20. Who is the Insured? With term or whole life insurance policies, the person(s) who is covered under the insurance policy the. The insured is usually the policy holder or owner who pays the premiums.  
21. Who is the insurer in Life Insurance? The Insurer in the realm of life insurance is the insurance company.  
22. What are Insurance Premiums? Insurance Premiums are payments paid by Insurance Clients to insurance companies for considerations the insurance companies provide such as death benefits  
23. What is face amount? The face amount is the amount of money an insurance company will pay upon the death of the insured.  
24. Who is the Beneficiary? The Beneficiary is the receiver (s) of the life insurance payout upon the policy holder's death.  
25. What is cash surrender value? The cash surrender value is the money cash amount a life insurance company pays out to a policyholder who cancels the policy before the surrender date or to the beneficiary if he or she dies. 
26. Is it a good idea to have Accelerated Death Benefits options? Often used for living benefits during disabilities or terminal illness, Accelerated Death Benefit riders are paid out to the policy holder before death usually under special circumstances.  
27.  Level Term Life Insurance- Clients Premiums and Death   Benefits stay the same throughout the life of the policy.
28. Types of Term Life Insurance and Whole vs. Term. Whole is when the policy does not expire until the date of death. Term is set for coverage over a certain amount of time life 10 or 20 years, then must be renewed.    

At FindLifeInsuranceCompanies.com Insurance, we are dedicated to providing our clients with the highest level of customer service and the best insurance products available. Our team of experts are here to help you navigate the complex world of insurance and to find the coverage that meets your needs and budget. We offer a wide range of products, including Whole Life, Term Life and Annuities. Explore our website to learn more about our services and get in touch with our Houston and Texas agents to get started.

Welcome to FindLifeInsuranceCompanies.com Insurance Agent and Information listing website. My name is Kevin Wright, and I am a licensed Independent Insurance Agent in the great state of Texas and some other states.  Let me get right to it regarding lost life insurance money you think you may be owed. Before Agents can sell a life insurance policy to a client they have to have a license controlled by a government authority known as TDI.  Furthermore for insurance agents to sell annuities requires an additional level of state testing that must be passed.  

One of the biggest questions that I hear folks ask me in Texas and other states is, Kevin, how do I find an old life insurance policy that I believe I may be entitled to and that may be lost money I can cash out or reinvest/roll over into a new policy on my own?  I would suggest to them and anyone else that wants to avoid hiring an agent on a special project mission to contact the Texas Government Insurance Authorities known as the Texas Department of Insurance or just simply have a good insurance agent advise you.  With regards to the authorities at the Texas Department of Insurance, they have a Commissioner that heads the Department for the Governor and one of their responsibilities is to regulate how life insurance money is handled when folks die and have heirs that have money waiting.  They also set regulations on insurance agents, brokers and Insurance Companies and they may be able to help guild you eventually to the information about the truth about any money you may or may not have in what you may or may not have thought was a long-lost life insurance policy or even perhaps you are a beneficiary of an annuity.  I know just how sensitive these topics can be so, keep in mind, people like lawyers and licensed insurance agents may be able also help you and the TDI is the regulator with the Insurance commissioner's office and their website information for Life Insurance Locator is at their link below which is not associated with our website but can be found:     https://www.tdi.texas.gov/consumer/life-insurance.html

 Life insurance (texas.gov)