Universal life insurance was designed with the express intention
of combating the venerable whole life insurance policy.
The whole life policy had all the advantages of a good life insurance policy except for two things.
This policy needed a much lower premium to be more effective in the market place. It also needed more flexibility. The life insurance policy discussed here has all of these advantages and then some. Here is how it works.
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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.