What Are Perils, Hazards, And Losses?

Three terms closely related to risk are peril, hazard, and loss. Peril A peril may be defined as the cause of a loss. Examples of perils, which can cause loss of life[]

Should Renew Your Term Life Insurance?

Term life insurance usually has a feature built into the contract known as a renewal option or renewal privilege.  This usually gives the policy owner the right to renew a term life[]

Is Term Life Insurance Risky?

Some life insurance agents will tell you that buying term life insurance is a risky move compared to buying whole life insurance.  This is not true.  What is more important is to[]

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