(PRWEB) March 03, 2014
Whole life insurance provides permanent coverage and offers some investment opportunities. Whole life insurance protects the insured's family for as long as he/she lives. These plans will never expire, as long as the policy holder keeps paying the premiums. Whole life insurance plays an important role when it comes to estate planning too.
Unlike temporary plans, whole life insurance plans are permanent. The advantage is that the insured can be sure that his or her family will receive the death benefit. Whole life insurance is more expensive than term life insurance. It is important to compare many whole life insurance quotes before deciding on a plan. Even a dollar can make a big difference on the long-turn.
Whole life insurance plans build cash value. This means that a policy will invest a part of the money paid as premiums and the returned investment will be deposited in an account. The insured, under certain conditions, can withdraw money from the policy’s account. Whole life insurance plans require applicants to take medical examinations. Smoking and a bad health condition will make whole life insurance very expensive.
Wholelifelifeinsurance.org is an online provider of life, home, health, and auto insurance quotes. It is unique in that this website does not simply stick to one kind of insurance carrier, but brings the clients the best deals from many different online insurance carriers. This way, clients have offers from multiple carriers all in one place, this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
For more information, please visit http://wholelifelifeinsurance.org/.