Question by winnerfull-1: What’s The differerence between ;Whole life Insurance & Term Life Insurance? And which one is better ? Best answer: Answer by insuranceguytx Whole life covers (provides a death benefit to your survivor) for your whole life. Term only covers the specified term, usually 10, 20 or 30 years. Most term policies NEVER [...]
Question by whatshouldido: life insurance question – whole life, bank on yourself/infinite banking, term life? Hello, my husband and I are in early 40s, with a 1 year old son. We both work full time. We bought a house on a 30 year mortgage last year. We are looking for a life insurance for each [...]
Question by maraig: Are cash value insurance polices convertible to term life insurance? I want to get rid of my whole life insura Best answer: Answer by Coco Mo Joe Most are, you should find information about converting your existing policy to term insurance in the last few pages of your policy. Also, if you [...]
Question by : Is term life insurance or whole life better for a 35 year old married business owner with one dependent? Just trying to weigh the benefits…. Best answer: Answer by Gaytheist Buddha Yes, term life is always less expensive. Whole life combines term life with an investment product. When you combine the two, [...]
Question by Haylee: Life insurance..help with term and whole-life options? If you choose term life insurance, how might you then provide a long-term savings for yourself since term insurance has no savings plan? Best answer: Answer by Gaytheist Buddha There are so many types of insurance products available that consumers can easily be confused. Whole [...]