It has been argued that the whole life insurance premium is too high for the average
life insurance buyer.
The dollars available are not sufficient to purchase enough life insurance coverage to protect their families.
Because the opponents of whole life insurance are so adamant in their claims some people have not even taken the time to investigate what can be done with the money they can afford to spend on a whole life insurance policy. If they did some research they might end up being quite surprised.
There is nothing more important than your family's security. What would happen to your family if you died? Would they be provided for? Compare Quality Quotes and Save up to 70%! The process is Fast, Easy and FREE. Get Quotes
life insurance companies
maintain the regular participating
whole life insurance
policy with the same whole life insurance premium they have had for
years. The amazing thing is that the policy still sells, and sells well
Other life companies have become more creative and modified their policies intensively. Their whole life premiums are much reduced as a result. How do they do it? Here is an example...
This life insurance company provides for your dollar a basic whole life policy with extra life insurance protection.
The basic policy contains a level death benefit and a level whole life premium like any other whole life policy. The extra life
insurance protection consists of one year term and paid up additions.
Initially the premium applied to extra life insurance protection buys all one year term insurance. Whenever a dividend is paid it is applied to purchase paid up additions, which is a single premium whole life policy. Each year that the dividend is paid more paid up additions are bought until eventually there is no more one year term.
Because of the way the policy is designed, as described, the premium for this policy is very low. The policy has a
like any other whole life policy.
You should keep in mind that dividends are not guaranteed and if the company fails to pay a dividend before all the extra life protection becomes paid up additions the amount of death benefit may be less than initially projected.
In this case, your premium purchases
modified life insurance protection. You will always have your modified
whole life policy; it can never be taken away from you.
The premiums are lower than the regular whole life insurance premium and the death benefit is maintained as long as the company continues to perform. The policy accumulates guaranteed tax deferred cash values. You have the right to borrow against your cash values. The death benefit is usually free of Federal Income Taxes as well as Federal Estate Taxes.
Take some time out to look at what a whole life insurance premium can do for you today if applied to a creative modified whole life policy in a good company.
Want to protect your family with life insurance? Take a Free look at Top Quality Whole Life Insurance Quotes from Highly Rated Carriers and Save. Get Quotes
Home Whole Life Insurance Premium Whole Life Insurance Rate Quote Whole Life Insurance Policy Whole Life Insurance Quotes Whole Life Insurance Universal Life Insurance Quote Variable Universal Life Insurance Variable Life Insurance Quote Old Life Insurance Online Insurance Quotes Online Term Life Ins Quotes Partnerships Permanent Life Insurance Options Retirement Planning Return Of Premium Life Ins Return Of Prem Term Life Return Of Premium Term Life Insurance Selling A Life Insurance Policy Single Premium Life Insurance Sole Proprietorships Term Insurance Term Insurance Quote Term Life At Retirement Term Life Insurance Quote Online Term Life Ins Quotes Term Life Insurance Rates Term Life Quote Term Mortgage Ins Whole Life Insurance Advice Whole Life Ins Benefit Whole Life Quote Whole Life Insurance Rate Yearly Renewable Term Your Life Insurance Quotes
Copyright © 2004 - 2019 LifeInsuranceHub.Net. All Rights Reserved.
The amount of spendable income an individual has helps determine what is affordable life insurance.
You have been hounded by life insurance agents from your senior years in college. You just didn't see the need to buy personal life insurance.
Some people don't understand how you can buy term life insurance with no medical required. They are under this illusion that in order to issue such policies the premiums have to be higher than the nor
Term life insurance no exam necessary. These days, it appears that, everyone wants to buy term life insurance.
Finding the best term life insurance policy can be a very tedious exercise. What really is the best? It is important to make a decision as to why this life insurance is needed in the first place. We t…