Whole life – often called ordinary life or straight life – is the original permanent life insurance policy, which is still the most commonly used in-force policy today. Over the past 20 years, this policy has become less popular, with the introduction of universal life, variable life, and variable universal life. These policies are less rigid than whole life.Read More
There are simple and easy ways to cut down one’s premiums cost for a whole life insurance policy that can benefit both the policyholder and their beneficiaries.Read More
Whole-life insurance premiums are significantly more expensive than their temporary counterparts – with good reason.
Depending on your financial obligations, whole-life coverage may be the better approach to take, according to a recent report by the Boston Globe. The policies not only last longer, but they also offer investment opportunities allowing them to build cash savings over time.Read More