Another potential drawback of whole life insurance is its complexity. With a term policy, for example, you can simply stop making payments if you no longer need the insurance or can't afford it. Also, depending on your carrier, whole life policyholders may face a significantsurrender chargeif...
定期寿险「Term Life Insurance」是一种在一定期限内,如5年、10年、20年,为投保人提供寿险保障的人寿保险产品。在这个时期结束后,投保人可以选择是否延续这份定期寿险(续保时保费会变高)或者让保单终止。 定期寿险的几个特点: - 保费低 - 通常可以续保 - 保单没有现金价值 - 部分定期寿险提供保险转换条款 定期寿...
Term life insurance is temporary, covering you for a fixed period of time, while whole life usually lasts a lifetime. Learn more now.
Term life insurance is affordable, but expires at the end of its term. Whole life insurance is permanent, but costs a lot more than term life. Here’s how to decide which type of policy is best for you.
How to get cheap life insurance While term life insurance is more affordable than whole, there are still some trusted ways toget cheaper insuranceregardless of the type you choose. Here are three ways to know: Start early:The younger you are, the safer a bet you are to insurance companies...
2、终身型寿险(Whole Life/WL) 上世纪50年代,保险公司开发出了早期终身型寿险(Whole Life)。终身型寿险一直保护到被保险人去世为止,也就是说只要买了WholeLife就一定会获得赔偿。经过多年发展,这类产品已经较为成熟,分期缴费,保障终身。保单有现金值,保险公司会给予一个相对稳定的回报率。
Term life insurance offers a benefit for a specific time period, but whole life insurance is permanent. Learn more here.
可转换型定期险允许定期保险在一定的期限内,可以转换成终身保险 (PermanentLife Insurance), 比如 Whole Life, Variable Universal Life 或Indexed Universal Life。它的主要好处是,当定期保险转换为终身保险时,被保人不需要身体检查,这在被保人身体健康状况下降,又想继续申请人寿保险的情况下,显得尤其重要。
Consider a whole life insurance policy if you want:Portable protection for life Level premiums that stay the same each year To contribute additional money above the cost of insurance into the policy on a tax-deferred basis Cash value you can use during your lifetime...
Life insurance can be broken down into two main types: term vs. whole life insurance. Find out the differences between the two and which is best for your needs.