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Whereas term life insurance provides coverage for a specified policy period, whole life insurance provides coverage from the date the policy is issued until you pass away. Premiums are set from the issue date and are guaranteed to remain the same throughout the policy life. When you pass away, the beneficiary receives financial support in the amount that you choose your policy to hold. Whole life insurance combines insurance protection and savings that accumulate through interest. This accumulation of interest on your premium can provide you with money to use for future needs. For example, you could use this to pay for future education or a mortgage payment.
We offer free, comparative quotes on whole life insurance so you get the best rates available to you.
If you want to see how much whole life insurance will be, just request a free quote to find out. |
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