Welcome!

News Feed Item

Experts break down the fundamental importance of life insurance as the number of people under a life cover grows

The number of people under life insurance has grown exponentially over the last decades.

OSLO, Norway, March 9, 2014 /PRNewswire-iReach/ -- The number of people under life insurance has grown exponentially over the last decades. Although the decision on whether to take up a life cover has been a tough one, a lot of people are realizing the fundamental benefits of life insurance today. According to experts in the insurance industry, the growing awareness on the need to have life insurance has played a significant role in driving up the number of people under life insurance covers.

(Photo: http://photos.prnewswire.com/prnh/20140309/MN73218)

The broad diversity of life insurance policies provide a very good opportunity for anyone to pick out a cover they feel is best for them. It is advisable to critically analyze all the available options before choosing a life cover. The primary objective of a life insurance cover is to lighten the burden on families who have loosed their loved ones. Insurance companies agree that compensation cannot take away the pain but it goes a long way in making the burden lighter.

For many people life insurance is an investment that in the event of death will help the family left behind pull through. In addition to this, many agree that having someone take care of funeral and burial expenses in the time of grief and agony can be a nice way to comfort and show great compassion to the bereaved. Insurance companies have reinvented life insurance products to offer a number of comprehensive polices that go beyond death. Insurance brokers observe that life insurance helps parents to take care of their kids in life and after death. Insurance companies look at life insurance as a foundation for a better tomorrow for persons under the cover and also their families. It is not easy to understand the significant role parents play in the lives of their children until they stop. However, insurance cover is designed to at least provide continuity in financial support for children until a time when they can stand on their own.

Replacing a father or a mother is something insurance (or forsikring in Norwegian) companies acknowledge is impossible yet it would be worse if children would be left without a father or mother and also without financial aid to survive in this world of money.  In addition to this, Life insurance cover has also played a very good role in helping business stay alive even if their owners are gone. It is understandable to think that businesses are a source of livelihoods for many people.  Insurance expert say that disruption will not only affect the family of the owner but also other people who depend on the enterprise.

Furthermore, the experts add that it is imperative for people to apply for life insurance cover as young as possible. Paying the mortgage is also another important issue that life insurance can cover in the event of death. Insurance brokers also agree that paying mortgages is arguably the hardest thing to do in life and in death it may just be impossible. With life insurance though, even in death the mortgage can still be paid and cleared. Death is sudden, devastating and very sad. For many people, life insurance provides a good opportunity to protect and take care of loved ones in life and thereafter.

About Mdhuset AS

For over 10 years now, Mdhuset AS has been a leading player in the industry helping a lot of customers get the best online visibility. The company boasts some of the most talented professionals and with its innovative services Mdhuset AS is an ideal partner for success oriented entrepreneurs all over the world. For more details on how you can work with the company please visit www.telefonkatalogen.biz today.

Media Contact: Mdhuset AS, Mdhuset AS, +47 815 35 082, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Mdhuset AS

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
Businesses are struggling to manage the information flow and interactions between all of these new devices and things jumping on their network, and the apps and IT systems they control. The data businesses gather is only helpful if they can do something with it. In his session at @ThingsExpo, Chris Witeck, Principal Technology Strategist at Citrix, will discuss how different the impact of IoT will be for large businesses, expanding how IoT will allow large organizations to make their legacy ap...
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the protocols that communicate data and the emerging data analy...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
Creating replica copies to tolerate a certain number of failures is easy, but very expensive at cloud-scale. Conventional RAID has lower overhead, but it is limited in the number of failures it can tolerate. And the management is like herding cats (overseeing capacity, rebuilds, migrations, and degraded performance). Download Slide Deck: ▸ Here In his general session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for the HGST Cloud Infrastructure Business Unit, discusse...
Whether they’re located in a public, private, or hybrid cloud environment, cloud technologies are constantly evolving. While the innovation is exciting, the end mission of delivering business value and rapidly producing incremental product features is paramount. In his session at @DevOpsSummit at 19th Cloud Expo, Kiran Chitturi, CTO Architect at Sungard AS, will discuss DevOps culture, its evolution of frameworks and technologies, and how it is achieving maturity. He will also cover various st...