Exploring the Advantages of Whole Life Insurance

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Two main types of life insurance exist: whole life insurance and term life insurance. Term life insurance provides coverage for a specified number of years. This type of insurance plan does not develop a cash value. The whole life insurance definition on the other hand, provides an individual with coverage for either their whole life or until they reach the age of 100. Whole life insurance plans develop a guaranteed cash value. Continue reading “Exploring the Advantages of Whole Life Insurance”

Need a Good Whole Life Insurance Explanation

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Some people have a resistance to becoming informed about life insurance because it seems like a tedious subject with a morbid tinge to it. The thing is that if you decide to learn enough about it to make a well-informed decision as to what’s the best for you and your family, we are talking a commitment of hours, not weeks or months. The key is to start with a Continue reading “Need a Good Whole Life Insurance Explanation”

Whole Life Insurance Explained

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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”