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hello
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I LIVE IN TEXAS.
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Additional Details
It would be just me no hiring outside of ... |
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Sheyla | which is more expense? Whole Life Insurance or Term Insurance? help me out plz..? |
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mbrcatz
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Depends on how long you keep the policy in force.
If you end up keeping it until you're 90, and you buy it at 30, the whole life will be cheaper, from about 65 on. |
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Judy
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Term life is always the best option.
Google Suze Orman life infurance.
She will tell you in big bold capital letters how much she hates whole life.
http://www.suzeorman.com/igsbase/igstemplate.cfm?SRC=MD012&SRCN=aoedetails&GnavID=84&SnavID=23&TnavID=&AreasofExpertiseID=160
Keep in mind that whole life is a huge money maker for the seller of the policy.
They will try their best to talk you into it.
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Clay
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Yeah, Interesting question it is.
Well Initialy, whole life insurance demands higher premiums from you. But, if you've plan to keep your whole life insurance all through ur life, you will be paying less amount overall for your whole life insurance in comparison with renewing your term insurance again and again as you grow with your life. I hope you got the answer, isn't it? Feel free to ask further questions if any. Remeber to read the sources below for more detail on whole life insurance. Best Regards, Clay |
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