Total Protection. Memory Insurance

Memory life insurance by definition gives the chance to you to provide to yourself the capital. Simultaneously this kind of insurance carries out a classical problem of life insurance – guarantees to you financial support in a case of problems with health. It turns out that the policy of memory insurance protects also you and […]

Find out if your insurance covers your medical equipment and learn how to make sure your claims are approved by your Medicare or insurance provider.

Memory life insurance by definition gives the chance to you to provide to yourself the capital. Simultaneously this kind of insurance carries out a classical problem of life insurance – guarantees to you financial support in a case of problems with health. It turns out that the policy of memory insurance protects also you and your money.

The essence of memory life insurance consists that you long time pay payments that through the long period of time to receive the large sum of money. Therefore memory life insurance concerns long-term kinds of insurance.

Insurance term on the average makes from 5 till 20 years though there are the programs calculated and for longer terms. At the conclusion of the contract of insurance you define what sum and for what period of time you want to save up. Besides, upon termination of period of validity of the contract of insurance you can receive at a time all sum of accumulation and can teach the accumulation by parts, for example, in the form of lifelong pension.

As the memory component is combined with brave, the policy protects yours life and health. For all time of action of the insurance to you compensation reception if you have serious problems with health is provided. As insured events are considered time disability as a result of reception of the physical injuries, proof disability which has led to physical inability and also death of the insured.

Insurance protection in full to operate right after policy acquisitions even if you had time to make only one payment under the insurance. How many payments you received under the contract of memory life insurance in its action, it doesn’t reduce the size of the sum which you receive upon termination of policy action.
If in validity of memory insurance you become the invalid of I group, from the moment of physical inability assignment insurance payments it will be possible not to pay any more. Thus the insurance continues to operate guaranteeing compensation at approach of insured event and payment of the full sum of accumulation upon termination of validity. The insurance company will pay for you payments and still to charge on them the investment income.

If you have financial problems it is possible to terminate the contract of insurance and to receive the redemption sum and the income received by this moment from an investment of your money. The redemption sum represents a difference between the sum of payments brought by you under the insurance and expenses of the insurance company on your service. How action of your contract was long, the insurance company can keep to 30 % from the sum granted by you.

Registration of the contract of memory life insurance can occupy two-three months as quite often it is required to take place full medical inspection preliminary. It will not be possible to use services of memory life insurance if you suffer serious diseases of heart, mental deviations, the heavy form of a diabetes, the malignant form of oncological disease.

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