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 Kristyna: What is the difference between term and whole life insurance? What is the difference between term and whole life insurance? When is it better to use one versus the other? Best answer: Answer by STEVEN F With term insurance, you pay a premium and the insurance company agrees to pay the death [...]
by Sheila Challiner Once you have a family of your own you worry about what will happen to them after your death. It is a fact of life, so face up to it and find out how life assurance works. You could actually save money if you choose the right one for your family, and [...]
Question by arun s: Usually what is the typical premium for Term Life Insurance? I am planning to go for Term insurance. Usually what is the premuim? (I know it will vary across different insurance companies, but I guess there wil only be a small varition across) Say I need a cover of 25 lakhs [...]