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Answered 2013-07-31 10:04:00
Whole life insurance varies from term life insurance because it is valid for the insured's entire life instead of just for a specified amount of time. Whole life insurance typically has premiums due each year.
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Where can one compare term life insurance versus whole life insurance?
There are many places where one can compare term life insurance versus whole life insurance. One can compare term life insurance versus whole life insurance at popular on the web sources such as Wealth Pilgrim and MSN Money.
Where can one get whole life insurance?
New York Life if one reputable company which offers whole life insurance. You can apply and receive quotes for whole life insurance policies online or by contacting a representative.
Where can one find an explanation of whole life insurance?
One can find an explanation of whole life insurance at virtually any life insurance company's website or at their company's location. Examples of whole life insurance companies are MetLife, Geico, and Farmers.
What is the difference between life insurance and whole life insurance?
The key difference between life insurance and whole life insurance is that regular life insurance carries a fixed term while whole life insurance covers one's entire lifetime. Whole life insurance also accumulates a cash value that one can borrow money against.
What is the difference between whole life insurance versus term life insurance?
Term life insurance is an insurance that is set for a specific time period, for example, one can obtain term life insurance for 30 years. Whole life insurance covers one from application to death.
Where can someone get term or whole life insurance?
One can get term or whole life insurance through various insurance agencies. Some insurance companies that provide term or whole life insurance include MetLife, AAA, and State Farm.
How can one obtain premium whole life insurance?
One can obtain premium whole life insurance through their current insurance company. Several companies such as TD Insurance and BMO Insurance, offer great rates.
Where can someone go where whole life insurance is explained?
One of the best companies to approach to have whole life Insurance explained is Swinton Insurance. They have offices in many locations and are experts in all aspects of whole life Insurance. Alternatively you could contact Sainsburys or Tesco's who both deal in whole life insurance.
Where can one purchase whole life insurance?
Usually insurance companies, building societies and banks are the most popular places to purchase whole life insurance. In addition to insurance brokers.
what are the advantages of long term life insurance vs whole life insurance?
The basic difference between long term life insurance and whole life insurance is that a term policy is life coverage only and this is also considered an advantage. One can buy a long term life insurance for periods of one year to 30 years, whereas whole life insurance is a combination of a term policy with an investment component.
Where can one find a whole life insurance calculator?
One can find a whole life insurance calculator online at various websites. Some of those websites are Bank Rate, Met Life, Aviva, Term-Life Insurance and Daily Finance.
What is the difference between whole and life term insurance?
The difference between whole and life term insurance is that a term policy is life insurance only whereas the whole insurance combines a term policy and a investment component so one can build cash value and borrow against it.
Where can one purchase a child's whole life insurance policy?
One of the most popular, and cheapest places to purchase a child's whole life insurance policy is from Gerber Life. Gerber has been in business since 1967 and is one of the top direct-response insurance companies.
What is whole life insurance used for?
A whole life insurance is often a highly priced (based on the buyers age) insurance which requires a one time payment, but will remain active for the buyers 'whole life'. This is profitable for the company if the person passes away early.
What are common questions about life insurance that one should ask the life insurance agents before buying a policy?
Common questions about life insurance that one should ask the life insurance agents before buying a policy are if it is term or whole life insurance and how much it cost.
What company can I buy whole life insurance from?
There are various companies one can buy whole life insurance from. Some of those companies are State Farm, Nationwide, Mutual of Omaha, BMO and Met Life.
Where can one compare whole life insurance?
Many insurance companies offer a way to compare whole life insurance rates. They also offers comparisons for term life insurance rates as well. Nationwide even offers a feature that will help someone decide how much life insurance coverage might be needed.
How does Spectra Life Insurance differ from Universal Life Insurance?
Universal Life Insurance is the one type of life insurance. This is a flexible version of life insurance where you get the savings element of whole life. Universal Life Insurance policies is the combination of death benefits with a savings component or cash value that is reinvested and tax deferred.
Where can one buy Whole Life insurance online?
An individual can buy Whole Life insurance from many different companies online. Some examples include State Farm, Met Life and New York Life. Most insurance agencies offer these policies on their websites.
Where can one learn about whole life vs term insurance?
The best place to find out information about whole life insurance versus term life insurance is from Suze Orman. She has books to read, a show to watch, and an internet page to browse questions and information on.
How many different types of life insurance are there?
There are two main categories of life insurance: whole life and term insurance. Whole life insurance is an insurance policy combined with an investment account and has several variations such as universal life and variable life. Term life insurance has no investment account, but provides a set sum of money should one die within the specified term of coverage. Variations of term life insurance include annuable-renewable and level-term policies.
What is a good website for purchasing cheap whole life insurance online?
To get quotes from multiple companies, one could get quotes and purchase whole life insurance at Select Quote. Otherwise, it may be best to try the websites of the insurance companies, such as Met Life and State Farm.
Where can one find information about the whole of life insurance?
If you would like to know everything there is to know about life insurance, you could go to your local library and check out a free copy of "Life Insurance for Dummies" which is a comprehensive guide to life insurance. You could also contact your local life insurance agency and speak with one of their representatives who would be delighted to help you.
How can I get an affordable whole life insurance policy?
This site can gather life insurance quotes for you and send them to your email so that you can review each one: https://www.selectquote.com
Is my life insurance whole life or term?
Review your policy ... it has to be one or the other ... can't be both at the same time.
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