Cash values are one of the attractive incentives to buying permanent
life insurance. Although the main reason you buy life insurance is to
provide a death benefit for loved ones there are policies that provide
cash that is available to you as long as you maintain them in force.
Term life insurance is the least expensive type of life insurance available. You put out more money in premiums for whole life, universal life, variable universal life and variable life insurance than you would for term insurance. These policies accumulate cash that you can put your hands on while you are still living. Term life insurance only pays when you die.
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Advantages Of Cash Value Life Insurance
Disadvantages Of Cash Value Insurance
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Want to buy some life insurance no exam required? It is much easier to get than most people think.
Shop And Compare Term Life, Whole Life And Universal Life Insurance Rates From A Highly Rated Carrier
Term life insurance is life insurance in it's simplest form. These policies stay in force for a specific number of years, for example, 5 years 10 years etc.