What is the “Vanishing Premium” With Whole Life Insurance?
This option is similar to the premium reduction option except that the dividends are applied as additional premiums while the … Read more
This option is similar to the premium reduction option except that the dividends are applied as additional premiums while the … Read more
There is no substitute for life insurance that provides an immediate estate upon a person’s death. All types of life … Read more
Selecting the best cash value life insurance policy is a difficult task involving a number of complicated concepts and analyses. … Read more
Death benefits are usually free of any federal income tax. In general, death benefits paid under these policies are subject … Read more
Life insurance companies are free to set premiums according to their own marketing strategies. Almost all states have statutes prohibiting … Read more
Par and Nonpar Policies The premiums, the death benefit, and the minimum cash surrender value schedule are initially fixed in … Read more
One can view ordinary level premium whole life mathematically (but not legally) as a combination of decreasing term insurance and … Read more
Understanding the disadvantages of level premium whole life helps consumers make the most educated decision. Here are the 7 major … Read more
Understanding the advantages of level premium whole life helps consumers make the most educated decision. Here are the 11 major … Read more
There are nearly 2,000 life insurance companies actively marketing life insurance coverage in the United States. Most of these companies … Read more