Term life vs whole life, is there still debate about which is best? I
think it has died down a bit.
People are not too certain anymore that term insurance is the only way to go.
That is good because people should take the time to check out both types of policies for themselves and make their own decision.
Term life insurance is great insurance. Each term policy covers specific needs but term insurance is temporary insurance whether you buy a policy for one year, 5 years or 30 years. It is still temporary.
Save on life insurance premiums - Click For Free Quotes
People want their life insurance protection to be permanent, coverage right up until age 100. That is why whole life in some form outsells term life insurance. The types of policies most people buy are modified whole life policies.
These are policies created by life insurance with the intent of increasing their share of the life insurance sold. Some are somewhat like the universal life policies all built into one whole life policy.
I have a favorite
whole life insurance
policy. This is the old non par whole life policy. Cash values take
much longer to break even but the premiums are much lower. There is no
Some companies' non par whole life policies never have cash values break even with premiums but that is O.K.
There is always some cash to fall back on if you need it though. When you die your family gets the face amount.
Term life And whole life insurance, is there a contest as to which is best? Not really, each type has a job to do and it does the given job very well.
Protect your family with life insurance -
Get Quotes And Save
Life insurance is one of those taboo subjects for normal, casual, or friendly conversation. Whenever people, however, develop a life threatening illness, have a close encounter with another vehicle on…
The availability of instant term life insurance quotes on the Internet makes buying life insurance a "walk in the park". Some companies do take the application online while others send you an agent af…
How does life insurance work? What is life insurance all about? What can it do for me? Most people ask these questions at some point in their lives. Let us look at the subject and see how these questi…
How can you get cheap term life insurance quotes? You want to buy some life insurance but you first want to have an idea how much to buy and what will it cost. The life insurance business has come a l…
Want a cheap life insurance quote? If you are in search of cheap life insurance it may be an interesting exercise to look at what is available before you start.