There are several classes of life insurance policies in Australia and before you decide to pass your settlement in for a lump sum payment you may find the following information essential to know. Terminology in insurance is essential for clarity and if you are uncertain of the terminology used it could cost you many hundred's of dollars.
The classes of insurance in Australia are whole of life, an endowment policy, a term policy an annuity policy or an Industrial policy. There are possibly less common ones available but these are the more usual insurance policy structures. Read more Here
Wednesday, November 11, 2009
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