Life Insurance Comparisons

July 15th, 2009

Life insurance is a good thing.

Most people, when they think about life insurance, have a fairly good understanding of the differences of whole vs term life insurance. It’s a common debate, yet easily explained.

Term life is temporary insurance that is usually sold in increments of 5, 10, 20 or 30 years. When the policy renews, the rates increase, dramatically.

Whole life insurance is permanent coverage that lasts for the rest of your life, so long as the premium payments are paid.

You can’t go wrong with life insurance, no matter what type of policy that you choose. Just make sure that you compare policies and make an educated decision.

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