Rate illustration valid as of 10/01/2024. Ready to shop for whole life insurance?Start calculator Who is whole life insurance good for? Whole life insurance can be a good fit for high-net-worth individuals who want to diversify their investments or estate planning portfolio. It can also be...
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.
However, most insurance experts (except, of course, the whole life salesman) will generally agree that if you have a whole life policy (and are healthy), you should consider the possibility of transferring the cash value into a lower cost, lifetime guaranteed coverage plan, such as a guarant...
In this post, I'm going to present an easy to use checklist you can go down when considering the purchase of any type of “permanent” or “cash-value” life insurance such as whole life, index universal life, or variable universal life insurance. Each of these types of insurance combines...
Start calculator How much does simplified whole life insurance cost? A 50-year-old female could pay about $45.41 per month for a simplified issue whole life policy with a $20,000 coverage amount. A 50-year-old male could pay about $57.82 per month for the same coverage. Your rates will...