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April 8th, 2008
Explain Whole Life Insurance
Whole Of Life Insurance
Many of the ads you see on TV or on the internet for life insurance, are for term life insurance. It seems as if only ads aimed at life insurance for seniors or life insurance for children are really for whole life insurane. However, permanent insurance can be a good idea for people of any age.
It is really the older, and more traditional type of life insurance, and it is meant to be permenent protection. That’s why it is called Whole Life! On the other hand, term life insurance expires after a set period… or a term.
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