Translate Page To German Tranlate Page To Spanish Translate Page To French Translate Page To Italian Translate Page To Japanese Translate Page To Korean Translate Page To Portuguese Translate Page To Chinese
  Number Times Read : 1057    Word Count: 2007  

Arts & Entertainment
Cars and Trucks
Culture and Society
Disease & Illness
Food & Beverage
Health & Fitness
Home & Family
Internet Business
Online Shopping
Pets & Animals
Product Reviews
Recreation & Sports
Reference & Education
Self Improvement
Travel & Leisure
Womens Issues
Writing & Speaking



[Valid RSS feed]  Category Rss Feed -
By : Dirk Hamman    99 or more times read
Submitted 0000-00-00 00:00:00
Whole life insurance is designed for people that wish to have insurance protection for a long period of time. This type of life insurance is a permanent life insurance that will guarantee your coverage so long as you continue to make premium payments. The premiums on whole life insurance remain the same throughout your life, and will not change. This is beneficial for younger people because having low premiums will help to make the premium payments manageable.

Whole life insurance differs from other permanent life insurance policies in that this type of insurance covers something that is certain to happen, like death. Other types of permanent life insurance generally cover a person when an unexpected event occurs. Whole life insurance also has a cash component. This cash value can grow and interest is credited to the cash value. You do not have to pay taxes on this interest, and neither do the beneficiaries. The only event that would cause you to pay taxes is if the policy is cashed in and ends up being more than what you put into the plan.

Whole life insurance is a great choice for those that are looking for long term coverage and that have dependents that you want covered as well. Many whole life insurance companies will work with you and make the insurance policy work best with your needs. There are many options when it comes to whole life insurance. Make sure you take your time and make an informed decision.
Author Resource:- For more resources about whole life insurance or even about universal whole life insurance and about term life insurance rate please review these links.
Article From Articles Promoter Article Directory

HTML Ready Article. Click on the "Copy" button to copy into your clipboard.

Firefox users please select/copy/paste as usual
New Members
Sign up
learn more
Affiliate Sign in
Affiliate Sign In
Nav Menu
Submit Articles
Submission Guidelines
Top Articles
Link Directory
About Us
Contact Us
Privacy Policy
RSS Feeds

Print This Article
Add To Favorites


Free Article Submission

Website Security Test