permanent insurance

Universal Life Insurance and Whole Life Insurance: A Comparison

Posted April 14, 2009 - 21:26 by Nora Dunn

Personal Finance

life insurance

So you think you need life insurance, or you know it is time to review the insurance coverage you currently have (which is something you do every few years, right? Right).
You may already have a Universal Life or Whole Life insurance policy, or you may have an insurance agent or financial planner in front of you telling you that you need one.
Read on for a comprehensive look at both forms of insurance, with pros, cons, and example applications for each.

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Choosing Life Insurance: Term or Permanent?

Posted August 21, 2007 - 17:47 by Julie Rains

Personal Finance

couple making choice between two paths

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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