Whole life insurance combines a term policy (coverage only with a stated face amount) with an investment component. Whole life insurance is expensive as you’re paying not only for life insurance but for the investment component. Usually there are fees associated with this type of policy. According to industry analysts, these policies makes sense f you are planning on holding the policy for a long time. You should really do your homework – compare rates and find the best option for you.
Whole life insurance combines
Whole life insurance combines a term policy (coverage only with a stated face amount) with an investment component. Whole life insurance is expensive as you’re paying not only for life insurance but for the investment component. Usually there are fees associated with this type of policy. According to industry analysts, these policies makes sense f you are planning on holding the policy for a long time. You should really do your homework – compare rates and find the best option for you.