Tag Archives: whole life
Should Keep or Look into term Life Insurance Quotes?
I have a whole life policy which I have been paying 45.00 per month for 16 yrs. I have to pay this amount until age 99 so they say. The amount it was for when I bought it was 50,000. It builds cash value. I am now 62. Should I keep this policy or look … Continue reading
Should Keep or Look into term Life Insurance Quotes?
I have a whole life policy which I have been paying 45.00 per month for 16 yrs. I have to pay this amount until age 99 so they say. The amount it was for when I bought it was 50,000. It builds cash value. I am now 62. Should I keep this policy or look … Continue reading
Difference between term life insurance and permanent policies?
My insurance company is offering a term conversion credit if I switch to permanent insurance. What’s in it for them, and what is permanent insurance? Whole life? Any benefits for me to change?
Should Keep or Look into term Life Insurance Quotes?
I have a whole life policy which I have been paying 45.00 per month for 16 yrs. I have to pay this amount until age 99 so they say. The amount it was for when I bought it was 50,000. It builds cash value. I am now 62. Should I keep this policy or look … Continue reading
Term Insurance. How much do I need and for how long?
I am married and in my thirties my wife is the same age. We have an 18 month child and another baby on the way. After doing some research between Whole Life and Term Insurance I decided that Term Insurance should be able to fulfill my needs incase something should happen. My question is: 1) … Continue reading
What happens to the dividend option term rider on a whole life insurance policy?
If the cost of insurance on the dividend option term rider is higher then the monthly premium being paid. What happens to the term insurance portion of the whole life policy at that time? I have this rider now on my whole life policy to maximize my death benefit at the lowest cost but I’m … Continue reading