Whole life insurance explained.
Why is it that people still prefer to own whole life insurance even though term life costs so much less?
The question that people should really be asking is..."is term life really cheaper?"
You really put out a lot less for term insurance and if you died within the term period you had made the correct decision when you bought term.
The question is what if you don't die in that term period? Had you
settled for a smaller amount of whole life insurance you would have some
money to get back.
People buy whole life simply because they get something back if they don't die. You can also keep whole life for as long as you live but term only lasts for a specific number of years.
Go to this page where you will find whole life insurance explained in more detail.
Speak with Agent: 877-211-8530
No medical term life insurance. Life insurance was designed many years ago to protect wives and children.
You can really get an instant life insurance quote online.
At some time everyone must take the time to determine their life insurance needs. These needs vary depending on the individual.
Here is a list of the websites of U. S. Insurance Commissioners
Why are whole life insurance rates so much higher than term life insurance rates? Whole life insurance is insurance for the rest of your life.