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Walter Said:

What Is Term Life Insurance? What Does It Cover? When Can It Be Claimed and By Who?

We Answered:

Term life insurance is life insurance bought for the "term" of the policy. The cost of this kind of insurance increases as your age increases. It's best to buy through your company at work if it is offered. For example, where I used to work, a 250,000$ policy would normally run about 6 bucks a week at age 30. That same 250,000$ policy would cost you about 12 bucks a week at age 40, and so on. It covers your life ONLY. If you have an active policy on your spouse, and are not delinquint in your payments, and your spouse dies and has named YOU as their beneficiary, then the policy is payable to you immediately. Some companies have a standard "waiting" period to receive the monies. Hope this helps.

Albert Said:

i am going heliskiing in alska what insurance should I get, does my life insurance covers it?

We Answered:

Life insurance covers you if you die. I don't think you are planning that so we can say your life insurance does not cover it.

You can ask your health insurance provider if you are covered. If you get insurance through work or school in the US then it should cover you, but check to make sure.

If you don't have health insurance you can buy travel insurance, but be certain it covers dangersous activities like climbing and helisking. The travel agent or trip organizer can often arrange these policies.

There are any number of companies online that offer travel insurance but make sure what you want to do is not on the list of prohibited activites. The benefit of travel insurance is that it can cover the cost of a flight home if you are injured and it also offers some small coverage for lost or stolen articles and trip cancellation or delay.

If you are coming from outside the US check with your travel agent or airline, they almost always offer this type of policy at a reasonable cost.

Vera Said:

what are importance of an insurance cover?

We Answered:

That site is a scam. Don't waste your time.