cheap term life

Posted by on June 12th, 2008 at 11:20am

Financial Gorge wrote an interesting post today on
Here’s a quick excerpt
Whole life insurance, also called permanent insurance, is permanent and does not expire (assuming you continue to pay the premiums). It provides coverage similar to term life insurance, but it also provides an investment vehicle. A portion of the premium goes for life insurance, while the rest goes into an investment account. This account can be either an interest bearing account or a variable (stocks and bonds) investment account.

Read the rest of this great post here

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