One of the less known
life insurance policies
is the graded premium life insurance policy.
This is a whole life type policy that starts out with a lower than usual premium which increases every year for a certain number of years and then levels off and remains level for as long as you own the policy.
If a person desires to own permanent life insurance and is unable to afford the full premium initially then the graded premium life policy may be a fitting alternative. The graded premium life insurance policy is sometimes referred to as graduated premium life insurance.
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Advantages Of Graded Premium Life
Disadvantages of Graded Premium Life Insurance
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Do you really need term insurance? There are other options, so, is term life insurance for you? Some people are convinced there are no other choices.
No medical term life insurance. Life insurance was designed many years ago to protect wives and children.
Term insurance no medical exam. If you want to buy term insurance this is the the most convenient way to buy your policy.