In our current economic climate, this has become a common question asked by a growing number of life insurance policyholders. This has been exacerbated by the mortgage crisis, which has pushed an alarming amount of homeowners to the point of foreclosure.
Viewed 448 times by 80 viewers
In previous articles I have discussed whole life insurance and universal life insurance. If you’ve read those articles, you have seen that both of these types of policies build up cash value. These funds are usually the savings portion of the life insurance policy and is what you receive if you terminate the […]
I woke up Monday morning and turned on the local news like I do every weekday to see what the traffic and weather were up to. I was surprised to find, like many other South Texas residents, that tropical storm Edouard had formed in the Gulf of Mexico and was supposed to hit Galveston […]
This is a follow-up post to a great guest post this blog had a couple of weeks ago entitled Term Life Insurance is like Renting a House. It was a great analogy about how to think about term life insurance coverage and the length of the coverage. I thought I’d discuss the concepts of term […]
This type of question is common. The generic answer that most give with respect to age and life insurance is that younger people need term life insurance and older people need whole life insurance.
Viewed 55 times by 24 viewers
