Life insurance contracts are essential financial products that provide security and risk management for individuals and families. They serve as a safety net, ensuring that beneficiaries receive ...

A life insurance policy is a contract with an insurance company that provides a lump-sum payment to beneficiaries you choose in the event of your death. The policy must be in force at the time of ...

Uganda Insurers Association (UIA) is boosting insurance uptake with initiatives like the ‘Gonza Future’ campaign promoting ...

Variable life insurance is considered securities contract as it involves investment risk. Cash value is the savings component of permanent life insurance policies (whole life, universal life ...

If you have a life insurance contract, you are taxed only if you make a buyback (whether full or partial). The gains you have made are taxed according to the length of time your contract is held.

Life insurance is a contract between you and a life insurance company. That contract is called a policy. You agree to pay a premium—usually regular payments over time—to keep the policy active.

A relative has died. You want to know if he had taken out a life insurance contract. There are 2 cases: Any person may ask to look for the existence of a life insurance contract for a deceased person.

Life insurance pays a sum of money to your beneficiaries, which can help cover lost income or pay off debt. Many, or all, of the products featured on this page are from our advertising partners ...

A Life Insurance Retirement Plan (LIRP) is a financial strategy using the cash savings from a permanent life insurance policy during the retirement years. Unlike term life insurance, permanent life ...

Like a life insurance policy for an adult, a life insurance policy for a child is a contract with an insurance company. A parent or grandparent is typically the policyholder for a child’s life ...