It’s a great debate among life insurance professionals, consumers, and financial planners: Term vs. Whole Life Insurance, which is best? Term life insurance offers low cost protection with guaranteed level premiums for a fixed duration, typically 10, 15, 20, or 30 years. Whole life insurance offers lifetime guaranteed coverage with the additional benefit of accumulating[…]
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7 Alternatives to a 401k
I’m not a fan of whole life insurance. But since I continue to hear this absurdity that whole life is the only good option for individuals who are maxing out their 401k and IRA, I brought the financial experts with me in this post. Whole life is not your only investment option if you’re maxing[…]
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Guaranteed Issue Life Insurance
If you need life insurance coverage, but can’t qualify due to the condition of your health – or you simply don’t want to submit to the battery of health-related questions and tests normally required with typical life insurance policies, you do have an option. It’s called guaranteed issue life insurance. What is it, and why[…]
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