What is term life insurance and whole life insurance?

Answer 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 »

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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 »

What is term&whole life insurance?

When you start to consider purchasing life insurance, you will start to hear the terms "whole life" and "term life" as the two different kinds of policies available. When you better understand the ... Read More »

What is whole term life insurance?

Whole term life insurance provides for the family after the insured's death. Benefits are paid out to the family to provide income replacement. But whole term life insurance also provides the insur... Read More »