Whole life and universal life insurance—known as “permanent” life insurance”—truly last a lifetime. Their premiums are higher than with term life insurance, but they accumulate cash value—a tax-deferred savings account.
Initially, you pay more than the actual cost of the insurance, building up a reserve that earns interest. That reserve helps pay the premiums as you age, and if you surrender the policy, you can keep the cash value.
Whole life GUARANTEES your premium, cash value, and death benefit. Some types of universal life insurance also guarantee the premium and death benefit, a guarantee that the policy will, in fact, last for your lifetime.
For FREE, no obligation quotes on whole life or universal life insurance, simply go to the “Instant Quotes” tab on the LifeInsure.com website… and click on the appropriate link.
Life Insurance – How to Get the Best Rates watch here
Term Life Insurance – What is it? watch here
Why Choose LifeInsure.com? watch here
Life Insurance – How Much do I Need? watch here
Let’s face it, when people think of life insurance, they usually don’t think of adrenaline pumping, heart-pounding, high-speed excitement. Well, that’s all about to change with the announcement that groundbreaking—and record breaking—racecar driver Danica Patrick will become the new national spokesperson for Life Insurance Awareness Month this coming September. … Continue reading Danica Patrick Becomes Spokesperson for National Life Insurance Awareness MonthRead More
All-Time High Life Insurance Policies The world record for the largest life insurance policy has just been broken. According to Guinness World Records, the previous all-time high for a policy was $201 million. That was until The Archer Financial Group sold policies worth $235 million and $295 million. The insurance … Continue reading Recording-Breaking Life Insurance PoliciesRead More
My apologies for the title of this post, but I wanted to get the attention of those of you who have procrastinated with getting a life insurance policy. Some of you know it’s something you need to do and “will get around to it someday,” while others have started the … Continue reading Letter to a (Dead) ProcrastinatorRead More