Comments on: Term Life Insurance

By: Vertie Jury

Vertie Jury — Sun, 07 Feb 2010 00:20:33 +0000

Extremely good entry, definitely informative information. Never thought I’d find the tips I want in this article. I have been hunting all over the net for a while now and had been starting to get irritated. Thankfully, I happened onto your website and got exactly what I had been struggling to find.

By: cc

cc — Tue, 24 Nov 2009 23:29:39 +0000

Consider the “cost of insurance” (actual cost per thousand dollars of insurance) associated with most perm insurance policies (really easy to find in VUL’s or UL’s, not so much in some whole-life) compared to that of term insurance. Term’s cost is the entire premium, whereas permanent is a small percentage. Even as hank indicated above, his value may not be what he put into it, but there is some value. If he had been paying term, all of it would be cost. The cheapest type of life insurance by that measure is single premium whole life, as it will usually grow in value after the 1st year and come with an increasing death benefit (not available on many term policies). Before replacing any policy, take the time to talk to an insurance professional re this matter

By: alex

alex — Wed, 26 Aug 2009 20:49:33 +0000

term insurance is much better IMO. Same as hank – switched to term like a year ago after 5 years and as crisis came – i think i made the right choice
.-= alex´s last blog ..Health Insurance Quotes =-.

By: hank

hank — Mon, 26 Nov 2007 16:27:29 +0000

Good post – I am considering dumping my perm life insurance and switching to term though – I don’t need the “investment” vehicle it has. I’ve had it for 5 years and it’s not even come to be equal to what I’ve put in it, and that’s a bad investment for ANYONE for 5 years… Good post, I’ll be back.