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	<title>Best Insurance Blog and Articles &#187; rop</title>
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		<title>ROP Pays You Back!</title>
		<link>http://bestquoteus.com/bestquotes/life-insurance/rop-pays-you-back/</link>
		<comments>http://bestquoteus.com/bestquotes/life-insurance/rop-pays-you-back/#comments</comments>
		<pubDate>Wed, 20 Jan 2010 13:32:08 +0000</pubDate>
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				<category><![CDATA[Life Insurance]]></category>
		<category><![CDATA[return of premium]]></category>
		<category><![CDATA[rop]]></category>
		<category><![CDATA[term life]]></category>

		<guid isPermaLink="false">http://bestquoteus.com/bestquotes/?p=224</guid>
		<description><![CDATA[Return of Premium (ROP) Gives Back Money What if you could purchase an insurance policy, be lucky enough not to ever use it, and then get all of your money back at the end. This would seem like a win-win situation. You would be protected, but if you never needed to make a claim, you could get all of your premiums back in a nice check. Well, this situation does exist in the real world sometimes. You can find return of premium term life insurance policies. You will still purchase your policy to last for a specified amount of time, like 20 or 30 years. Then, when the policy expires, if nobody has collected on the policy, a check comes back for the amount of all of the premiums paid. An Example of ROP at Work Consider the situation of a 40 year old man who wants to purchase a 20 year term policy with a death benefit of $500,000. Now understand that premiums vary by age, health, location, etc., but let us just say his premium is $50 a month. You can calculate his total premiums for twenty years by multiplying 50 * 12 * 20 = $12,000. At [...]
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<li><a href='http://bestquoteus.com/bestquotes/life-insurance/what-is-mortgage-life-insurance/' rel='bookmark' title='What Is Mortgage Life Insurance?'>What Is Mortgage Life Insurance?</a></li>
<li><a href='http://bestquoteus.com/bestquotes/life-insurance/best-term-life-insurance-rates-really/' rel='bookmark' title='Best Term Life Insurance Rates (Really!)'>Best Term Life Insurance Rates (Really!)</a></li>
</ol>]]></description>
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		<title>What Is Mortgage Life Insurance?</title>
		<link>http://bestquoteus.com/bestquotes/life-insurance/what-is-mortgage-life-insurance/</link>
		<comments>http://bestquoteus.com/bestquotes/life-insurance/what-is-mortgage-life-insurance/#comments</comments>
		<pubDate>Thu, 06 Nov 2008 15:25:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Life Insurance]]></category>
		<category><![CDATA[decreasing term]]></category>
		<category><![CDATA[mortgage life]]></category>
		<category><![CDATA[rop]]></category>
		<category><![CDATA[term life]]></category>

		<guid isPermaLink="false">http://bestquoteus.com/bestquotes/?p=81</guid>
		<description><![CDATA[If your purchase a new home with a mortgage, or if you refinance your home, you are sure to get some offers for a product called mortgage insurance or mortgage life insurance. The card in the mail, or the phone call on your answering machine, will probably offer to protect your home mortgage in case of death, and maybe disability, and critical illness. In addition, you will see some mention of mortgage unemployment benefits. In general a mortgage life insurance policy is a no medical exam term life insurance policy with a face value that matches your mortgage balance. Sometimes other obligations are added in too, since there is really no rule about having the face value matching a mortgage in most cases. In some cases, this is a decreasing term life policy since the premiums will be lower since the coverage gets lower as time passes, matching a lower loan balance. Sometimes the policy offers a ROP Term Life Rider which will actually refund the premiums if the insured person survives the policy. The unemployment benefit on most mortgage insurance policies simply pays the premium during unemployment, though other forms of mortgage unemployment benefits are available. Related posts: Decreasing Term [...]
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<li><a href='http://bestquoteus.com/bestquotes/life-insurance/buying-the-best-life-insurance-for-you-and-your-family/' rel='bookmark' title='Buying the Best Life Insurance For You and Your Family'>Buying the Best Life Insurance For You and Your Family</a></li>
<li><a href='http://bestquoteus.com/bestquotes/life-insurance/return-of-premium-term-life-insurance/' rel='bookmark' title='Return Of Premium Term Life Insurance'>Return Of Premium Term Life Insurance</a></li>
</ol>]]></description>
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		<title>Return Of Premium Term Life Insurance</title>
		<link>http://bestquoteus.com/bestquotes/life-insurance/return-of-premium-term-life-insurance/</link>
		<comments>http://bestquoteus.com/bestquotes/life-insurance/return-of-premium-term-life-insurance/#comments</comments>
		<pubDate>Wed, 05 Mar 2008 21:40:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Life Insurance]]></category>
		<category><![CDATA[return of premium]]></category>
		<category><![CDATA[rop]]></category>
		<category><![CDATA[term life]]></category>

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		<description><![CDATA[Compare Term Life Insurance With Return of Premium (ROP) We put up a new page on Return of Premium Term Life Insurance. We would like to explain this a little more here. Return of Premium (ROP) is actually a rider you can select to add to some term life policies. It costs a little more, but you do get a big benefit. So sometimes a rider can cost more, but it can leave you with more money in the long run. Let us say you purchase a 30 year term policy with $200,000 of death benefits. If you pay your premiums for 30 years, you have coverage in case you die. But if you do not die, your policy has turned into a worthless piece of paper at the end of 30 years. You can consider yourself lucky to be alive though! But consider an example of purchasing that same 30 year term policy with a ROP rider. At the end of 30 years, if you kept your policy in force (paid the premiums), you will get a check back for every cent you spent! How much luckier is that? Look at Ms. Davis who purchased a 30 year term [...]
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</ol>]]></description>
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