Life insurance In life insurance we distinguish two main types of insurance, namely, the endowment policy and, second, term life insurance. By the life insurance itself would be financially secure in the first place his family in the case of our own death. If in addition to this protection is no other intention is granted, the term life insurance is the right choice. Quite a few people want to use the life insurance but are not limited to survivors' protection, but for example also as an investment or as part of private pension plans. In this case, the endowment policy is more than one type of life insurance very well. As part of the endowment policy, customers can secure not only his relatives but also to build a fortune by making payments. This can be done either by one-time payments or by monthly savings rates. In the classic endowment insurance and customer deposits in relatively safe fixed-income assets are invested. A relatively new form of capital life insurance is the unit-linked life insurance. There, the insurance company invests the capital of the insured in mutual funds, which promises a higher yield. Basically, all types of life insurance policies to an insurance policy for death and survival, while completing a term life insurance only in case of death. An additional purpose of life insurance is also under a financing, where the insurance can serve as collateral.
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