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2. Traditional Whole Life Insurance:
NOTE: Best buy for person aged 20-50 looking for coverage to extend throughout
their whole life
time.
- Beneficiaries can use the death benefit for ANYTHING.
- Policy will not cancel because of
insured's age.
- Builds cash value and loan value for borrowing against.
- Guaranteed coverage for life when premiums are paid.
Click here
to visit our Traditional Whole Life page:
3.
Universal Life Insurance:
NOTE: Best buy for person aged 20-70 looking for larger
amounts of coverage at
lower premium amounts.
- A blend between traditional whole life and term insurance.
- Beneficiaries can use the death benefit for ANYTHING.
- Policy will not cancel because of
insured's age.
- Plan is interest rate sensitive which means
it can build greater cash value.
Click here
to visit our Universal Life page:
4. Term Life Insurance:
NOTE: Best buy for those ages 20-50 with mortgage
debt.
- Usually purchased to cover a mortgage balance or other high debt obligation,
particularly during child
rearing years.
- With term you buy insurance for a set number of years.
- The underwriting is usually more extensive since the face amounts are usually higher.
- Term is NOT a final expense plan. If looking to
cover burial, your term policy may
expire before it is needed.
- After your initial term expires, some policies allow
you to renew but at a higher rate.
Click here
to visit our Term Life Insurance page:
At any time you can begin your multiple, no hassle Quotes
by filling in the box to the far right. We service all 50
states, ages 18-85!
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