Sunday, October 25, 2009
Thursday, October 22, 2009
Why Life Insurance ?
Insurance is designed to protect a person and the family from disasters and financial burdens.
There are many kinds of insurance of which, the basic and most important is considered to be life insurance. It provides for your loved once after your death.
Since there are certain financial commitments you need to meet throughout life and do contribute in some way to the family income, you need to provide something even in death—to secure the home, help the family meet expenses for a while, protect parents, or secure the children or spouse.
Financial obligations could include funeral expenses, unsettled medical bills, mortgages, business commitments, meeting the college expenses of the children, and so on.
How much insurance a person needs would vary, depending on lifestyle, financial needs and sources of income, debts, and the number of dependants?
An insurance adviser or agent would recommend that you take insurance that amounts to five to ten times your annual income. It is best to sit down with an expert and go through the reasons why you should consider insurance and what kind of insurance planning would benefit you.
As an important part of your financial plan insurance provides peace of mind for any uncertainties in life.
1. Life insurance correctly planned will on premature death provide funds to deal with monies due, mortgages, and living expenses. It offers protection to the family you leave behind and serves as a cash resource.
2. It secures your hard earned estate on death by providing tax free cash which can be utilized to pay estate and death duties and to tide over business and personal expenses.
3. Life insurance can have a savings or pension component that provides for you during retirement.
4. Some policies have riders like coverage of critical illness or term insurance for the children or spouse. There are certain rules regarding eligibility for riders which you will need to determine clearly.
5. Having a valid insurance policy is considered as financial assets which improves your credit rating when you need health insurance or a home loan or business loan.
6. In case of bankruptcy, the cash value as well as death benefits of an insurance policy is exempt from creditors.
7. Life insurance can be planned such that it will cover even your funeral expenses.
8. Term life insurance has double benefits, it protects and you can get your money back during strategic points in your life.
9. Insurance protects your business from financial loss or any liabilities in case a business partner dies
.
10. It can contribute towards maintaining a family’s life style when one contributing partner suddenly dies.
Insurance is vital to good financial planning and security but you would need to assess your personal risk and long term commitments.
Insurance stands a person in good stead throughout life and can be used in case of emergencies during a life time by requesting a withdrawal or loan.
There are many kinds of insurance of which, the basic and most important is considered to be life insurance. It provides for your loved once after your death.
Since there are certain financial commitments you need to meet throughout life and do contribute in some way to the family income, you need to provide something even in death—to secure the home, help the family meet expenses for a while, protect parents, or secure the children or spouse.
Financial obligations could include funeral expenses, unsettled medical bills, mortgages, business commitments, meeting the college expenses of the children, and so on.
How much insurance a person needs would vary, depending on lifestyle, financial needs and sources of income, debts, and the number of dependants?
An insurance adviser or agent would recommend that you take insurance that amounts to five to ten times your annual income. It is best to sit down with an expert and go through the reasons why you should consider insurance and what kind of insurance planning would benefit you.
As an important part of your financial plan insurance provides peace of mind for any uncertainties in life.
1. Life insurance correctly planned will on premature death provide funds to deal with monies due, mortgages, and living expenses. It offers protection to the family you leave behind and serves as a cash resource.
2. It secures your hard earned estate on death by providing tax free cash which can be utilized to pay estate and death duties and to tide over business and personal expenses.
3. Life insurance can have a savings or pension component that provides for you during retirement.
4. Some policies have riders like coverage of critical illness or term insurance for the children or spouse. There are certain rules regarding eligibility for riders which you will need to determine clearly.
5. Having a valid insurance policy is considered as financial assets which improves your credit rating when you need health insurance or a home loan or business loan.
6. In case of bankruptcy, the cash value as well as death benefits of an insurance policy is exempt from creditors.
7. Life insurance can be planned such that it will cover even your funeral expenses.
8. Term life insurance has double benefits, it protects and you can get your money back during strategic points in your life.
9. Insurance protects your business from financial loss or any liabilities in case a business partner dies
.
10. It can contribute towards maintaining a family’s life style when one contributing partner suddenly dies.
Insurance is vital to good financial planning and security but you would need to assess your personal risk and long term commitments.
Insurance stands a person in good stead throughout life and can be used in case of emergencies during a life time by requesting a withdrawal or loan.
Tuesday, October 20, 2009
Friday, October 16, 2009
NILICO Rated A+ with Better Business Bureau
 |
The Better Business Bureau (BBB) recently created a new business rating system. As a result, NILICO - National Income Life Insurance Company received a congratulatory letter from the BBB informing us that we are rated A+ as one of their "Top Rated" accredited businesses. |
Thursday, October 15, 2009
AIL/NILICO is #33 on Yahoo! HotJobs Top 100 Companies
 Yahoo! HotJobs Top100 Company | The new 2009 Yahoo! HotJobs listing came out last week, and American Income Life (NILICO) was number 33 on the Top 100 companies in the U.S.. AIL/NILICO is showing unprecedented employment growth, record breaking sales numbers, and national attention from major economic players. What makes this more amazing is that it is all happening at a historical low-point in the American economy. |
Wednesday, October 14, 2009
About us
About Us
NILICO provides coverage to over two million policyholders and represents over $90 million in annual insurance product sales. Our company's growth has been sustained through high customer satisfaction, innovative lead programs, word of mouth referrals, and one of the most lucrative Agent compensation programs in the industry.A.M. Best, one of the country's oldest and most respected insurance ratings company, has rated American Income Life as A+ (Superior) for overall Financial Strength (as of 6/09).
American Income is licensed in 49 states, the District of Columbia, Canada, and New Zealand. Our subsidiary company, National Income Life Insurance Company, is licensed in the state of New York.
American Income Life's executive offices are located in Waco, Texas. AIL is a wholly owned subsidiary of Torchmark Corporation (NYSE: TMK), based in McKinney, Texas
Every year over 800,000 children are reported missing *. Endorsed and supported by the nation's leading law enforcement union, our Child Safe Kit adds an extra level of assurance for the family and shows our ongoing support and commitment to the community.
We are providing these kits AT NO COST! No cost to the parents/guardians or the school or child care center.
Click the Request a Kit link above and get your no-cost kits today!
- Available at No Cost
- Tools for Parents
- Assists Authorities
- Endorsed by the International Union of Police Associations
*U.S. Department of Justice's Office of Juvenile Justice and Delinquency Prevention, NISMART 2 study, October 2002
Tuesday, October 13, 2009
Every year over 800,000 children are reported missing *. Endorsed and supported by the nation's leading law enforcement union, our Child Safe Kit adds an extra level of assurance for the family and shows our ongoing support and commitment to the community.
We are providing these kits AT NO COST! No cost to the parents/guardians or the school or child care center.
Click the Request a Kit link above and get your no-cost kits today!
- Available at No Cost
- Tools for Parents
- Assists Authorities
- Endorsed by the International Union of Police Associations
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