RSS FeedTerm life insurance and endowment insurance ?
Term insurance was never meant to be used as ‘final expense’ insurance. It was meant to cover debts, such as mortgages, loans, in other words things that can be paid off.
The odds of someone passing away while being covered by term is in the insurance companies favor, thus why it is cheaper than whole life.
http://www.wslife.com will provide term for people age 60, if that is what you really want. Before you purchase it though, I would ask that you go to this link, http://www.wslife.com/education/financialTools/survivor/default.asp , and ensure that you are covering up all of the needs you want protection for.
Are you looking for coverage for debt protection, final expenses, or to leave a legacy?
If you have any other specific questions, feel free to e-mail me at k9ohio@verizon.net .
Endowment Life Insurance- News
Financial planning in your 50s
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Western Michigan alumnus begins endowment with $300000 gift Parsons also endowed a scholarship for the Lee Honors College in memory of his spouse, Sarah, and has a life insurance policy that wil benefit WMU and more » |
Endowment versus money back
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Broader bancassurance favors all players Life insurance policies allowed under bancassurance include whole life insurance, endowment, term insurance (including mortgage redemption insurance), and more » |
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Wellington man charged in insurance fraud Buying and selling life insurance policies, he preached, was the key to prosperity. Unfortunately, according to criminal charges filed by the Florida and more » |