Life Insurance Term Verses Whole Is Term Life Insurance Better Than Whole Life?
There has been an on-going battle in the life insurance industry involving term life insurance and whole life insurance. The industry has survived the battle but the consumer is still asking the same question. Which one is better? The question is flawed because these two policies serve two different purposes. The real battle comes over the concept of buying term and investing the difference or the purchase of permanent life insurance. The proponents of buy term and invest the difference surmise that the policyholder would do better investing the difference in premium costs that you save by purchasing a term policy rather than a whole policy. Permanent life insurance was never created to be an investment. It was created to take care of permanent life insurance needs. The cash value accumulation within permanent life insurance is an added benefit and not an investment feature. The best life insurance portfolio is a combination of both permanent and term life insurance.
Permanent Life Insurance Permanent life insurance should be purchased for permanent needs. Final expenses and life insurance for retirement are two basic permanent life insurance needs. Life insurance at retirement is critical because it gives you more options to use your retirement benefits for income rather than life insurance.
Term Life Insurance Term life insurance is for temporary needs. Term life insurance will compliment your permanent base of life insurance. Decreasing term and level term riders can be added to your permanent policy to take care of temporary needs like mortgage protection and short term debt.
It is important to understand why you are purchasing life insurance. You will be much more content when you establish in your own mind the reasoning behind the purchase. Do a little mini-need analysis. Think about what is important to you and who is important to you. Life insurance is a gift of love.
Life Insurance Term Verses Whole Is Term Life Insurance Better Than Whole Life?
insurance
people affraid from problem they think if the have insurance ."everything going to be ok "some body
going to take care of them.someone will take the risk for them
insurace create more problem than its solve .
we have to use our head . and avoid accident .instead to rely on "insurance" . goverment love at . they never do the
right thing to deal with problem .
everything become more expensive . for the very small guy its can be fatal .
this all the communist socialist idea that goverment and insurance can take care of us
what can be apartant in california every year we have big fire . the goverment instead to be preapare ,do nothing .
"yes we have insurance " and some firefigter truck and 2 airplane . and after the fire pay good some of money to firefigther
the same thing with car insurance . just people has car insurance will solve the problem . judge love at . they enforce insurance law.
the police also love at the can take people car away with smile .
after i die i dont care where i going to end up hell or heaven . just burn me please
who can think for small guy ???
NEED TO INSTALL WORDPRESS ONLY $15. NEED CONTACT FORM TO INSTALL or WEB SITE I CAN HELP! ALSO OTHER SCRIPT
greenfeld