Question

 Is whole life insurance a rip off?

Answer On One Hand: It Builds Cash ValueAfter your premium goes to pay for your death benefit and the expenses related to running the policy itself, the money that remains goes into a separate account, wh... Read More »
http://www.answerbag.com/q_view/1983997

Top Q&A For: Is whole life insurance a rip off

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 »
http://www.answerbag.com/q_view/1883749

What is term life insurance and whole life insurance?

Term life and whole life insurance are two types of policies that provide a financial benefit when the insured passes away. Both life insurance policies have advantages in costs and protection that... Read More »
http://www.answerbag.com/q_view/1954784

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 »
http://www.answerbag.com/q_view/2224911

Whole Life Insurance Disadvantages?

Buying life insurance can be a confusing time unless you understand what you are looking for, and know what to try to avoid. Term life insurance and whole life insurance are the two options that ar... Read More »
http://www.ehow.com/list_6553493_whole-life-insurance-disadvantages.html


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