What Is Whole Life Insurance?

Whole Life Insurance Rates

What is life insurance? Life insurance is a way to financially protect families if a wage earner, business owner, or caretaker dies prematurely. Upon the death of the insured person, the insurance company pays a death benefit to help families cover the mortgage, monthly credit card and daily expenses, college tuition, funeral or medical bills, […]

Term vs. Whole Life Insurance

Term vs. Whole

All life insurance offers financial protection for families if a wage earner dies prematurely, but whole life insurance also has a savings feature, which acts as an investment option, that the policyholder can use while he or she is living. On the other hand, term life insurance offers temporary insurance coverage with no savings feature, […]