Types of life insurance covers

Types of life insurance coversThere are many covers life insurance and types and can be divided generally into the following main sectionsFirst: - the event of death insurance: The amount of insurance on the death of the insured during the insurance period resourceful and types.1 - temporary insurance. Term Assurance Or TemporaryThe oldest type of life insurance is the foundation for all types of insurance and other insurance covers only a temporary risk of death (Death risk only)During a certain period (for insurance) Vazatovi insured which pays the amount of insurance to the beneficiaries designated in the insurance policy or to the heirs either Mabaka alive Djiah to the end of the period of insurance ends up insurance without paying any amount on the insured to get a new tilt in the case of his desire to continue insurance and can hold this insurance for a short time even for a few months or for a number of years and that of the most important uses of (a) cover Alakhtaralta might be exposed to the insured on business trips short (b) provide assurance to the people who lend to other certain amounts and can be Bond amount decreasing annually by certain so-called at that time (Bond falling), which is widely used in housing loan guarantee and credit guarantee.And is characterized by Bond slim premium and pay the premiums every year for DownLoad fragmentation and fits this type of insurance (1) low-income people who want to get more protection at less cost to their families, such as small staff, for example (2) of the person the debtor as collateral to extinguish those in the case of the death of the debtor (3) with the liberal professions who do not have a regular income.2 - life insurance Whole Life AssuranceUnder this type of insurance company undertakes to pay insurance to the beneficiaries designated in the document immediately after the death of the insured and Aihdd insurance for life certain time, but begin their term insurance from the date of the contract and continue to pay premiums for the entire life of the insured and end payment of his death and then becomes the amount of insurance outstanding performance to the beneficiaries and fits this kind of insurance people who can pay the premiums, even in years of advanced age and who wish to provide possible protection for an unlimited period for meeting certain amount, this type provides cover for the lifetime of the insured and Aadf amount of insurance and Aadf amount of insurance Alavi event of his death, and sometimes until they reach age ninety or fifth Ninety-have tended insurance companies to make the amount of insurance is to reach the insured age eighty, and that the main purpose of this type is the protection and with the exception of Bond, the cover of life offers the greatest cover possible premium specific and routine have this insurance Mmaalaúm father of the family does not need to save $ at the age of particular provides more cover as possible to protect his family in the event of his death and taken on insurance over the life that premiums continue to pay in old age where it is difficult then provided due to lack of income of the insured in this age and that the human Kaditoul by age and becomes becomes in his final years is unable to pay premiums and to avoid that can be made for payment of premiums Mahdodhlki ends before reaching the age of old age and retirement age, most likely.In this case, the premiums paid higher than not determine the period of paid and called the insurance then the insurance term life installments limited or limited premiums and this is different than insurance for life that the premiums it paid by the insured during the period of limited Kplogh age (55) or age (60) or ( 65) for example, and at the age designated stands to pay premiums and keep insurance coverage in effect without payment of premiums to deserve the amount of insurance to deserve the amount of insurance in the history of the death of the insured. and obviously, as previously stated, the premiums of this type be higher than insurance for life because the period of payment may be identified.Second, if life insurance Pure EndowmentThe amount of insurance in which the survival of the insured is alive until the end of the period of insurance but if he died during the period do not pay any amount and practice applied, this insurance is very limited because of the lack of a security which is the basis for life insurance and the remainder of such interest in it and combining it with the Bond are Insurance mixed more types of life insurance spread and the return to insurance in life to prove that it is worth the amount of insurance in the case of the survival of the insured is alive until the end of the period of insurance in the event of death re-company insurance premiums limited without interest until the date of death and can summarize the advantages of this type of insurance the following properties (1) simplify procedures for marketing through dispensing medical examinations and the requirements of the other version of the relationship and time savings to the insured as a result (2) that this kind targeting a certain segment of society you want to savings mainly (3) lower the premium as a result of the provision of administrative expenses and examinations Medical (4) the insured has this type of insurance with the same insurance benefits for the mixed Calcmahat tax and profits (5) subject to insurance (life event) for the same tables in force for the purposes of reduction and liquidation of the mixed normal.Third, the insurance co E ndowment AssuranceUnder this type of insurance company shall pay the amount of insurance at the end of the period of insurance if the insured is alive or to pay the amount of insurance immediately in the event of death of the insured during the insurance period is this type of insurance of the most common forms of being-saving to the insured and to ensure his family or the beneficiary can say that the insurance mixed suits people of all levels and ages, and this insurance has many types will come to the most important of them and it can be done for extended insurance, ranging from (5-30) years and whenever the period of insurance short, the benefit the dominant is the savings and investment, the more the insurance period long, the benefit the dominant is protected. has practiced insurance companies of this type of insurance since the beginning of the previous century, where they found that the conditions of life and its complexities become calls and urgency to the need to find a type of savings compulsory organizer of the family in addition to the protection that was provided covers traditional insurance at the time and the insurance temporary insurance over the life and that of the most important types of insurance mixed1 - Mixed insurance on the life of one personOppe is insurance on the lives of people for certain if he died, during which the insurance payment to the beneficiaries designated in the insurance policy and if he remains alive at the end of the insurance amount paid to him or to someone else is appointed.2 - Mixed Joint Insurance Joint Life Endowment AssPay the amount of insurance at the end of the period of insurance if the insured them Auallém alive or upon death of one of them or one of them during the period of insurance and then Under this insurance is an insurance on the lives of two people Tamina common and can be husband and wife or father and the mother, with one of their children and can be partners, two people work and pay the amount of insurance in the case of the death of one insured on them during the period of insurance to the insured other. At the end of insurance period and they remained alive, the amount is paid to them together.The tariff offers insurance this insurance as a believer in the lives of two people Tamina common and the company undertakes to pay the amount of insurance in one of the following two cases(1) at the end of the period of insurance the insured if they are alive(2) immediately after the death of the insured to them during the period of insurance and appropriate to this type of insurance the two persons who share a common interest Kalzojin who based their budgets on their income is shared so that if he died, one affected by the other due to lack of income as well as my partner work which he died, one affected by the other due to lack of income as well as my partner Action if one died the other material has been affected by the commitments alone can not do his work and calculated the premium for this type of insurance on the life of the believer upon the joint, which is extracted according to the schedule in the tariff.3 - Mixed insurance deferred Deferred Endowment AssAnd mixed insurance for children Children Endowment Ass. In fact, Altzmatin these are the type of insurance and one where different label according to the beneficiary if the beneficiary is a child and one called the insurance (mixed for children) but if the recipient is two or more or a person or people is children called the insurance then (mixed-deferred), and under which company undertakes the helm of the amount insurance at the end of the period of insurance, whether the insured was alive or dead at that date and stops making payments on the date of death of the insured during the insurance period Valaúm this type of insurance, in particular parents and working mothers atrium want to create a certain amount for their child when they reach a certain age and this age normally would. usually the one that is likely to end the child is at university, where assisted by the money in his career and fits as well as anyone who wants to create a sum of money for one person or people in a specific date for any reason he wants (that provides for his daughter, the amount of money has reached age (20), for example to help in creating the marriage expenses, where in some Arab societies bear all expenses of the bride, marriage and other societies bear part of the expenses.And thus the insurance policy should help her4 - Insurance mixed with the case of life insurance Endowment Plus PurePay the amount of insurance in the event of death of the insured during a certain period in the case of his survival to the end of the pay period in addition to the amount of insurance due to meet by a certain amount of it such as 15% and 100% ratio Andmatkon named insured's then mixed multiplier.5 - Mixed insurance increasedWhich increases the amount of insurance each year a certain percentage of 10% or 15% or 20% for example, and the increase due to the amount of insurance in the cases of death during the period of insurance or survival beyond.6 - Insurance protection major providing the beneficiary with twice the amount of insurance in the event of death of the insured before the expiration of the term insurance in either case that the insured is alive at the end of the period of insurance shall be paid to him the amount of insurance specified in the document and can be summed up this type of insurance as follows: -1 - a result of the insured to borrow certain amounts on insurance policies, the amount owed to the beneficiaries in the event of death less than the amount of loans disbursed to them so it is the insurance policy (protection Greater) provide double the amount of insurance upon the death of the insured2 - straight-on impact (Greater protection) Less than ankylotic insurance and temporary mixed together, although he combines advantages of both.Fourth: Insurance Annuities PensionsThe basic purpose of this type of insurance is to provide a specific amount at a certain date is used to pay pensions either for a specific period or long or for the survival of the insured for his life alive, and sometimes continue to pay pension to the heirs of the insured for his life after his death and that, as may be agreed upon in advance and pay pension during the period of time equal annual Aoncef be annual, quarterly, monthly and Almaashah forms of insurance:1 - to secure a pension for lifePension is paid to the insured as of a specific date and continue to pay pension until his death2 - pension insurance is certainAs the pension is paid to the insured for a certain period before the expiry of his death and the rest of the pensions paid to his heirs or to the means of the beneficiary3 - pension and guaranteed by the insurer guarantees to pay a certain amount of pension payments and that it is possible to hold most types of insurance mentioned that over the life of one individual Awatnin.Time examples of insurance on the lives of more than one individual insurance and the temporary joint where the joint life insurance pays the amount of the death of one insured to the insured the other surviving.V - Temporary insurance premiums with the response:If you survive until the end of the period of insurance under this type of insurance company shall pay the amount of insurance to the beneficiaries designated in the document if the insured person died before the expiration of the term insurance either if he remains alive until the end of the said period, the company will return to him installments during the period of insurance of all On the basis of the annual payment without the cost of premiums, if any.And that this type of insurance is appropriate in the following cases1 - Youth Bamarsgarh where they get the same protection for their families, which affords them mixed, but the insurance installments of insurance premiums less mixed.II __ Bamarkberh of people who returned them to revive their survival until the end of the annual insurance premiums all paid by them and which are usually larger than the amount of insurance.VI - Miscellaneous MiscellaneousIncluding the life insurance group (Group Life Ass.Policies)Projects and collective life insurance, where insurance is a large number of people to secure and document one or a contract or project agreement and the one associated with the pension insurance is usually collective collective Group AnnuitiesOr collective self-styled projects retirement Group Pension schemesIt is a foundation upon which the collective life projects is possible that under certain conditions to hold the insurance on a wide range of people from low-priced premiums and often without a medical examinationAdditional benefits to Additional BenefitsIt is possible to contract the following benefits life insurance premium to meet original except for the benefit of a participating lottery, where the company made it free.Participating lotteryInvolve all kinds of life insurance Altoviria (except for any temporary insurance) listed in the tariff in Cashouts lottery conducted by the company and the policyholder gets the win on the lottery prize in-kind match with the amount of insurance document and the document remains in effect after Shbh.