Straight life insurance was one of the favorite and most bought life insurance policies.
Everyone wanted a straight life policy. What is this policy all about?
This policy is simply a whole life policy ...this is what it was called about 40 years ago and in some circles it is still called by the same name.
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This straight life policy was a non-participating policy with cash values. It had no dividends. I clearly recall the surprise on the faces of clients when they became aware that after a long period...20 years or so...they could get back a large portion of their premiums on surrender of their policies. Here is how that policy worked.
As you must be aware by now the straight life insurance policy is simply a whole life policy otherwise known as an ordinary life policy.
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Should life insurance buying be seen as an urgent matter? There is something about some people that at times may cause them to procrastinate about matters that could end up being quite costly...
Let us talk affordable term insurance. You want a policy that can fit into your budget, right?
It can be a very satisfying feeling when you become aware of the advantages of whole life insurance for the first time.
The best term life insurance rate can be quite easily found on the internet today because web insurance companies have done intense research on behalf of the consumer.
I recently did some research on the development of the 30 year term insurance policy over the years. What I learned was quite interesting.