PPO stands for Preferred Provider Organisations. It is a kind of health insurance plan that gives you more freedom in selecting your healthcare providers while still offering you certain cost-saving advantages. Pros and drawbacks are listed below. The pros of PPO are it is more flexible, No referrals are needed, there is Travel with us, […]

HMO stands for Health Maintenance organization, which is a type of managed healthcare system that offers a range of healthcare services through a network of doctors, hospitals, and other healthcare providers. Here are some pros and cons of HMOs listed below. The pros of HMO are it is cost-saving, Comprehensive care, predictable cost, Primary care […]

Whole life insurance, the most widely used type of permanent life insurance, is more expensive than term life insurance. This is because most insurance policies offer protection that, in certain cases, matures at 90, 100, or 120 years old. Whole life insurance also includes a cash value component. Your premium makes a partial contribution to […]

Permanent life insurance with investment and insurance components is known as variable universal life(VUL) insurance. VUL insurance has some pros and cons of its own, just like financial produce. The pros of VUL are it is flexible, death benefit protection, Investment option, Tax advantages, and cash value growth potential. The cons of VUL insurance are […]

Permanent life insurance policies, such as whole and universal life insurance, provide coverage for the rest of one’s life typically include a cash value component. The cash value of a permanent policy over time and can be used to premium or obtain a loan from the insurer. So here this article gives the permanent life […]