|
|
 |
|
right click, Open Link in New Window
Life Insurance does not have to be confusing.
It is simple. It all depends on your objectives and your budget.
Term Life
is the least expensive way to have coverage now. Builds no cash value. premiums stay level for 10-20-30 years
so you decide based on premiums
Universal Life builds cash value in your policy that can be used
for any purpose, including paying for your premiums in later years
Whole Life Insurance also builds
cash value and the premium is guaranteed never to go up. Generally, Whole Life is a little more expensive now, but dividends
can reduce your premiums and pay for them altogether.
Indexed Life Insurance offers the same benefits
as Universal Life, except, the interest rate that you receive each year is tied to the S&P 500 index, so there is much
more upside potential.
Your quotes will show you a comparison to make it easy to
understand and determine which plan fits your needs the best.
|
 |
|
|
|
|
|
 |