<%@LANGUAGE="VBSCRIPT"%>
<%
option explicit
%>
<%
dim rsArticles, sSQL, gStr
set rsArticles = server.createobject("adodb.recordset")
rsArticles.cursorlocation = 3
sSQL = sSQL & "SELECT TOP 10 Articles.Article_ID, Articles.Article_Title, Articles.Article_Excerpt, "
sSQL = sSQL & "Articles.Article_Content, Articles.Article_Posted, Articles.Article_Comments, "
sSQL = sSQL & "Articles.Article_Images, Categories.Category_ID, Categories.Category_Title, Users.User_ID, "
sSQL = sSQL & "Users.User_Name FROM FB_Users AS Users INNER JOIN (FB_Categories AS Categories "
sSQL = sSQL & "INNER JOIN FB_Articles AS Articles ON Categories.Category_ID = Articles.Article_Category_ID) "
sSQL = sSQL & "ON Users.User_ID = Articles.Article_User_ID WHERE Article_Status = 1 AND Article_Level = 0 "
sSQL = sSQL & "ORDER BY Article_Posted DESC;"
rsArticles.open sSQL, adoConn
Do While Not rsArticles.EOF
gStr = gStr & "
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rsArticles.MoveNext
Loop
%>
<%=gStr%>
Whole life insurance policies
These are one of the simplest policies, since they pay out the sum insured when the life insured dies. These policies run until the life insured dies or the policy is lapsed through non payment of premium or the policy is surrendered. Because a claim is certain the premium is fully paid, the premium is higher than a term insurance where a claim is only certain if it happens during the policy period.
Non profit whole life polices
These policy have a level premium payable throughout its life and pays out a fixed sum when ever death occurs. Some of these policies may allow for a cessation of premiums once the life insured reaches a certain age, such as 80 to 85. Policies which allow for a cessation of premiums are slightly more expensive as on average the premiums will be paid for a lesser period.
With profit whole life policies
These policies operate in the same way as non profit whole life policies but they share in the surplus profit in the life fund, and are increased by annual bonuses and on death by a terminal bonus. Again the option of a policy where premiums cease to be paid after a certain date exists. These policies are commonly used for family protection and for inheritance tax funding.
Long cost whole life insurance policies
These are with profit whole life insurance policies with a guaranteed level of life cover. The amount payable on death being the higher of either,
- The basic sum insured plus bonuses, or
- The guaranteed sum insured.
Basically the policy is a combination of a with profits whole life policy where the sum insured increases year by year as annual bonuses are added, and a decreasing sum insured terminal life insurance policy. The decreasing value terminal policy simply meets the difference between the with profit whole life policy value and the guaranteed life cover amount.
Some life insurance policies allow these polices to be converted into whole life with profit policies based on the total level of premium being paid. These policies are used for family protection and inheritance tax funding.
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Single Premium Unit Linked Whole Life Insurance