When you consider the advantages of whole life insurance policies
I hope you will conclude that this is life insurance worth owning.
I have no objection to term life insurance and even own some. It is an important part of my life insurance portfolio.
Each type of policy has it's place and it's own function.
I cannot, for the life of me, understand why some people never have appreciated this. I refer to the term advocates who seem to hate the thought of anyone buying a whole life policy.
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Death proceeds from 10 year life insurance can be in lump sum form or incomr form
The 5 year term life insurance policy has been around in insurance circles for a very long time. It can be sold as a policy or as a rider to a permanent life insurance policy.
The 20 year term insurance policy is one of the most sought after life insurance policies.
Take a look at 20 pay life insurance. Most people know that you buy whole life insurance if you want to be covered for the rest of your life even if you live to age 100.