Term Life Insurance is a type of pure insurance.
Whole and Universal Life Insurance are a type of Cash Value Life Insurance that has both a cash/ savings component tied in with the actual insurance.
Whole Vs Term is dedicated to assisting clients in determining which type of life insurance will be best for them.
While whole life can be useful in a few situations, it is often too confusing and too expensive for the vast majority of Americans.
Term life, in contrast, is simple and efficient. Term life does have drawbacks, such as it may not cover you for long enough, but given its low cost and high affordability index, it solves a lot of consumers problems for a low low price.
In general for most Americans, Whole Vs Term believes that a Term policy may be the best policy.
Get a Term Life Quote Today.
Written by Scott W Johnson
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