What is the right type of life insurance?

Answer On One Hand: Whole Life PoliciesWhole life policies charge higher premiums than term policies, but part of what you pay is invested for you. This creates a virtual savings account that you can borr... Read More »

Top Q&A For: What is the right type of life insurance

What type of life insurance do you need, if any?

On One Hand: Whole Life InsuranceWhole life insurance policies accumulate a cash value. You pay your premium and the insurance company divides the money you send three ways. One portion of your pre... Read More »

What Type of Life Insurance Is Better?

Life insurance needs come in two varieties: Permanent and temporary. Permanent needs include such items as final expenses, funeral costs and liquidity to pay estate taxes. Temporary needs include c... Read More »

How Do I Choose What Type of Life Insurance Is Best for Me?

Life insurance protects you and your family in the event that you die. Typical life insurance policies are designed to cover the surviving members of a family if a breadwinner passes away. In other... Read More »

What type of term life insurance should you get?

On One Hand: You have a family to supportIn this scenario, let's assume that you are 30 years of age and have a spouse and two children ages 5 and 3. You and your spouse have a combined household i... Read More »