Whole life insurance, even though it is not the least expensive life
insurance policy you can buy, can still fulfill the needs of some
Why some people have such an aversion to this policy I will never understand. Term insurance is also good insurance and can fit into more situations than whole life because of the low cost.
More people can afford it. Both types of life insurance serve the same purposes, however, when you buy whole life you get some additional benefits that term life insurance does not provide. Let us take a look at the whole life insurance policy and it's benefits.
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The above benefits may be worth the extra premium you would pay for a whole life insurance policy.
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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.
Whole life insurance is the plan of choice for many people. There are many variations to this plan.
Universal life insurance was designed with the express intention of combatting the venerable whole life insurance policy.
Are you looking for quality term insurance quotes? Have you determined how much you need? Do you know what type of term insurance is best for you?
In many cases it is a good idea to buy term insurance online. Some people know just how much life insurance they want to buy before they get online.