Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Insurance Forums
Life Insurance
Buying Whole Life Insurance
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="jhon paul, post: 5961, member: 778"] Hi Thanks for discussion on the whole life insurance .Buying whole of life insurance is designed to that the policy pays out a lump sum amount to loved ones this insurance is designed as long as you do. And you can pay the premium every month when you die this policy pays a lump sum amount to your loved ones.And small minority of people takes whole of life cover and majority takes term insurance instead. [LIST] [*]Mainly in this whole of life policy many insurers guarantee that they wont increase your premiums and the sum assured for the first ten years of the policy [*]I these whole of life insurance policy there are two types [*]Balanced cover [*]Maximum cover [*]1)[B]Balanced cover[/B] : With the use of this balanced cover your premiums will stay same throughout your policy and when you get older your health will become sick and you will still pay the same amount for your cover. [*][B]Maximum cover: [/B]with this type of policy your cover will be linked to a investment fund.And the insurer invest the money that you pay for the each month and the returns generated from that investment and it will be sufficient to cover the cost.... [/LIST] [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Insurance Forums
Life Insurance
Buying Whole Life Insurance
Top