LIFE-INSURANCE-WHOLE-VS-TERM.COM

Whole life insurance is considered the most expensive type of insurance. Whole life insurance is life insurance with Cash Value. That means a portion of the premium payment is allocated to the cost of the insurance and the remainder is deposited into a cash-value account... Universal life insurance, another life insurance is life insurance with Cash Value, has similarities but with a little more advantage. It offers flexible premiums and coverage amounts with additional underwriting costs. The accumulated cash value earning will change over time because it is based on the current interest rates... Life Insurance with cash value is a policy that contains a cash value account. A portion of the premium you pay goes to an account that earns interest.