Today let’s look at a simple explanation regarding whole life insurance: how does it work. Insurance companies create mortality tables that determine the premiums required based on the risks that are associated with an individual. Those risks include things like…
The tragedy of myths is that they perpetuate themselves. Instead of figuring out that they are false we all get caught up in things that feel or sound good at the time and then we seek information that supports that…
Getting insurance is really a very straightforward process. Auto insurance you can get without talking to someone online, and life insurance is usually obtained by speaking to an agent. Here we will talk about how to get a whole life…
For the wealthy, those desiring to become so, or anyone working towards increasing their net worth, life insurance is one of the few choices that almost all wealthy share in common. There are a number of reasons that the rich…
Whether you are simply starting to research life insurance or are confused about the differences here are the facts about whole life insurance to help bring clarity. What is permanent life insurance? Permanent life insurance is a category of life…
Whole life insurance 20-year pay is a great way to add some extra certainty to your life insurance portfolio. While it increases the premiums, it guarantees that you will have a death benefit for your beneficiary in the future, so…
If you’ve ever wondered how long has whole life insurance been around then here is a fun history lesson for you. depending on if you are thinking about life insurance in its present form or its initial form then the…
Since we are living longer it is a good idea to understand what it means for a life insurance policy to mature (also called endow)to reduce any tax or other consequences that may come up. Most whole life insurance policies…
As we start getting older we start thinking about life insurance more to protect those we love and the things we’ve spent so many years acquiring. The great news is that is precisely what the death benefit is intended for.…
A whole life insurance policy is also referred to as permanent life insurance that is in force for the life of an insured so long as the premiums are paid. Permanent life insurance has many benefits that policy owners can…
