Whole Life Insurance Explained

[ad#ad-1]

One of the reasons life insurance as a subject seems confusing is because the terminology used when talking about it is fairly incomprehensible to a layman. It’s unfortunate, because basic life insurance concepts really aren’t that difficult to understand. I’ll start with some definitions in the article and I guarantee that 500 words from now you will ‘get’ the basics, Continue reading “Whole Life Insurance Explained”

Advantages Of Whole Life Insurance

[ad#ad-1]

A whole life Insurance plan is something that is normally applied for by people who are prepared to pay more for life insurance in return for the assurance that their policy will be in effect for their entire life, as long as they pay their premiums. While there are disadvantages, whole life insurance advantages make it the right policy for some people. The primary advantage of whole life compared to term life insurance is that you won’t find yourself, 20 or 30 years after doing what you thought was the responsible thing in buying term life, suddenly Continue reading “Advantages Of Whole Life Insurance”

What Is Universal Life Insurance

[ad#ad-1]

What is a universal life insurance policy? With universal life, a cash value for the policy is established when the premium payments are greater than the cost of insurance each month. That cash value accrues interest from which is subtracted a cost of insurance (COI) charge, plus any other policy charges and fees, if Continue reading “What Is Universal Life Insurance”

The Ins And Outs Of Whole Life Insurance Rates

[ad#ad-1]

When it comes to searching for the best whole life insurance rates, there are two key concepts: extensive research and shopping around. Can you think of another item, aside from your home, that you’ll be making as many payments on as your life insurance policy? This investment has a time frame of decades; be assured that Continue reading “The Ins And Outs Of Whole Life Insurance Rates”

Variable Universal Life Insurance Guide

[ad#ad-1]

When it comes to life insurance policies there is one that stands out from the rest. This policy is known as the variable universal life insurance policy and it is one of the most expensive policies available for a reason. Unlike other policies, the variable plan allows you to take your return in your own hands by allowing you to Continue reading “Variable Universal Life Insurance Guide”