(PRWEB) June 26, 2014
Whole life insurance can be a good alternative for a 529 plan. The governmental funds that are designed to help parents cover their children’s college expenses have several flaws and limitations. Whole life insurance policies can perform better when it comes to saving money for college.
These policies have an account that generates cash value at a fixed rate throughout the years. The interest rates are negotiated in the beginning, before signing the policy. By having a whole life insurance plan, clients can secure a death benefit an an advantageous savings account at the same time. The policy is permanent and the longer it remains active, the more profitable the cash value will be.
Clients can find affordable whole life insurance plans by comparing quotes. The newly released blog mentions this simple and efficient method. The details presented in the article will help clients make a correct decision. It is always recommended to compare quotes before purchasing a life insurance plan.
Affordablewholelifeinsurance.us is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to 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.
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