Does term life insurance work?

Answer On One Hand: Term Life Insurance is AffordableInvesting in term life insurance protects those who depend upon you in the event of your death. The concept is simple. Pay the premiums. If you die wit... Read More »

Top Q&A For: Does term life insurance work

What is the difference in whole life insurance&term life insurance?

Life insurance pays a defined benefit amount when the policyholder dies. Term life insurance pays if the death occurs during the term of the policy--a predetermined number of years. Whole life insu... Read More »

Can you switch from whole life to term life insurance?

It is possible to switch from whole life to term life insurance. Whenever you change your life insurance policy, you may increase the amount you pay. New health issues or age may influence the eval... Read More »

How to Buy Term Life Insurance?

When debating what type of life insurance to purchase, you may consider term life insurance. This type of insurance is pure insurance coverage, as opposed to whole life insurance, which is insuranc... Read More »

Does term life insurance pay out at the end?

On One Hand: It Will Not.Unlike whole life insurance, term life does not pay out at the end of the term. Like auto or home insurance, if nothing bad happens during the term of coverage, your premiu... Read More »