Life Insurance, like most investment and insurance products these days, is inherently complex. On this blog, it has been something I don’t write much about because I really have no understanding about it!
My wife tends to handle most of the insurance related issues. So I was quite pleased when I was asked to write a short review of a website called LifeInsure.com which has posted basic information about the different types of insurance there are.
Lifeinsure.com starts with a long about page that provides a very good overview of Life Insurance in general, and some of the types of insurance including whole life, universal life, term life insurance, survivorship insurance and return of premium term . I was confused after reading that, not by the explanations, but rather by my pitiful lack of knowledge about my own Life Insurance. I’m not sure what kind of insurance I have, so I’m going to have to do a little research (by asking my wife!). In general, this is not an attitude I would encourage; but since my wife is the expert in that area (she used to sell for Aetna, no less), I tend to leave those worries to her.