Choosing Life Insurance: Term or Permanent?
Posted August 21, 2007 - 17:47 by Julie Rains
What is better: buying life insurance at a low price that lasts for a certain term (typically, the income-generating part of the insured’s life) or purchasing a whole life policy for a substantially greater amount that lasts forever (from now until the insured dies or cashes in the policy)? I'll give you some ideas on how to sort out what's best, which you may not hear from your insurance agent.
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