Question

 Which is better: term or whole life insurance?

Answer On One Hand: Whole Life Policies Include an Investment VehicleIn a whole-life insurance policy, premiums provide both life insurance and an investment vehicle. Part of the premium is invested in a... Read More »
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Top Q&A For: Which is better: term or whole life insurance

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

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

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

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 »
http://www.answerbag.com/q_view/1867180


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