Term Life & Whole Life Insurance: What is the Difference

Submitted by pattylee0 on Wed, 12/17/2008 - 06:07

Can any one explain me, i wanted to take insurance policy for my mother. Can any one explain me how term life is different that Whole life insurance.

Posted: 17 Dec 2008 11:43 Post Subject:

Term life plan as the name suggests will offer coverage for a limited period, say for 20 years or 30 years. This form of insurance is pretty common.

Whole life plan offers coverage for the entire lifetime of the policy holder for which the policy holder is required to pay fixed premium for the entire period of the policy and failing which may lapse the coverage.

Posted: 17 Dec 2008 11:44 Post Subject:

Oh! another important difference between term life and whole life is that, term life is comparatively cheaper than the whole life plans. you can read further about the different types of life insurance policies in the following thread.

http://www.ampminsure.org/insuranceagents/varyinglife.html

Posted: 17 Dec 2008 02:06 Post Subject:

Term life insurance offers you temporary life insurance protection for a specific number of years. Usually, term life is available for 10, 15, 20, or 30 years.

Term life has no cash value that builds up within the policy, it is not an investment.

Term life usually costs alot less than permanent life insurance, depending on your age.

Permanent life insurance is lifetime coverage, as long as you pay your premiums. It builds cash value, but costs more. You may be able to take a loan out from your cash value within the policy.

You can review this article explaining [removed - no promotional url please]term life insurance vs permanent life insurance for a complete review of the advantages and disadvantages of both plans.

Posted: 17 Dec 2008 03:40 Post Subject:

TERM Life: there is no 'cash-value' for this, is there?



Return of Premium Term Life Insurance returns all premiums paid at the end of the term.

So if you bought a 30 year ROP term plan at the end of the 30th year you'd get back every penny paid in premium.

The premium is higher for these plans, however, if you took the difference between regular 30 year level term and a 30 ROP term plan and put it in savings you'd have to earn about 7% after taxes on that money to equal the same dollar amount value of getting all your money back.

30 year ROP term is typically only issued up to age 50.

Posted: 19 Dec 2008 05:22 Post Subject: insurance

Thanks, GARY. I din't know there was 'sub-policies', (lack of a better word) within the Whole Life Insurance. So.........what if I DID get this ROP, and I wanted to 're-new' it after 20 years(?). Can I still get the premiums back, that I put into it?

Posted: 01 Jan 2009 06:11 Post Subject:

These are very basic definitions of term and whole life:

Term Life Insurance

A life insurance plan that provides death benefit protection only and for a specified period of time (term). The policy pays benefits only if the insured dies during the term.



Whole Life Insurance

Permanent insurance which provides, at minimum, a level death benefit upon the insured's death, or a cash endowment upon policy maturity that is equal to the death benefit. In addition, these policies accumulate cash values on a tax-deferred basis. A plan of insurance for life, with premiums payable for a person's entire life.

Posted: 02 Jan 2009 05:34 Post Subject:

Would term be taken out by like a finance company for insurance on a loan? What is an example of when someone would use term vs whole life insurance?

Posted: 02 Jan 2009 05:45 Post Subject:

goodnatured,

Well if you have a 30 yr mortgage, you might buy a 30 yr term policy instead of a whole life policy.

Let's say you have a new born child, and you are only concerned with protecting he/she for the next 30 yrs, you might buy term instead of whole life.

If you just can't afford to buy a whole life policy, you might buy a term policy.

Maybe you can afford whole life, but you would rather buy term and invest the difference.

Posted: 02 Jan 2009 09:07 Post Subject:

If you just can't afford to buy a whole life policy, you might buy a term policy.



This is perhaps the most common reason why people buy a term life policy. It surely would not have that cash value security associated with a WL policy but it would certainly provide you with all the coverage benefits that would come with a WL policy.

Again, if you're paying to cover a person for a fixed period of time term life could be a better option!

Posted: 13 Jan 2009 05:01 Post Subject:

Term life has no cash values. It is call term insurance because it expires on a certain period of time. If you would say whole life insurance, then you can have cash values on it. Whole life plans does not provide protection for a fixed period of time. You can have lifetime protection with whole life insurance. But remember that term insurance is much cheaper compared to whole life insurance.

Posted: 14 Jan 2009 12:46 Post Subject:

There is no "all the time" answer for the question -"Should I buy whole life or term life insurance?" Every situation is different and it is unwise to listen to the "financial gurus" who tell us to always buy term.

The family of the person who purchased a $1,000,000 20-year term policy
when he was 20, then died at age 43, were left out in the cold.

The argument "buy term and invest the difference" has been around since there was a term policy. I have heard it for the past 20 years, but I have never seen anyone do it - "invest the difference", I mean.

Here's why:

Let's take a Male, age 30, in good health. He can buy a 20-year guaranteed level term policy in the amount of $100,000 for $175 per year.

This same person can buy a $100,000 Whole Life policy for $1,056 per year.

The difference in premium is $881 per year. So this man will attempt to invest $881 every year with the goal of accumulating $100,000 in 20 years (to replace the life insurance policy).

To accomplish this goal, this person would have to earn in excess of 19% interest on his investment. Does anyone know where I can invest $881 per year and earn 19%? It just won't happen.

The term policy is "renewable", which means he can renew it for another 20 years at age 51. The catch here is, the premium is now $792 per year.
The premium at age 52 is $850, and the premium continues to increase evelry year after that.

So, if he keeps the term to age 54, he will be paying more in premium that if he had purchased the Whole Life policy in the beginning.

He couldn't replace the life insurance policy by "investing the difference" because he couldn't get the high gain on his investment.

Don't be pursuaded to buy term with the wrong expectations. Buy your life insurance to fit your needs. If you want to be guaranteed that your life insurance policy will be in force the day you die, term insurance cannot make that guarantee.

You may need both.

Posted: 14 Jan 2009 12:49 Post Subject:

good natured, if you are talking about 'credit life' that is different (and a rip off IMO)...than term ins...much much much better to buy a true term policy than ever buying credit life!

Posted: 14 Jan 2009 08:59 Post Subject: Term VS. Whole Life

Taking Insurance Maze's 30yr old Male:

January 14, 2009
Interest Adjusted Cost Analysis

Face Amount: (1) 100,000.00 (2) 100,000.00
Product 1: Term
20yr

Product 2: Whole Life

Interest Rate: 5.00% Tax Rate: 0.00%(Assuming investment in tax deferred vehicle) After Tax Rate: 5.00%
Year Age Premium 1 Premium 2 1 minus 2 Premiums Saved
1 30 127.00 1,056.00 -929.00 -975.45
2 31 127.00 1,056.00 -929.00 -1,999.67
3 32 127.00 1,056.00 -929.00 -3,075.11
4 33 127.00 1,056.00 -929.00 -4,204.31
5 34 127.00 1,056.00 -929.00 -5,389.98
6 35 127.00 1,056.00 -929.00 -6,634.93
7 36 127.00 1,056.00 -929.00 -7,942.12
8 37 127.00 1,056.00 -929.00 -9,314.68
9 38 127.00 1,056.00 -929.00 -10,755.86
10 39 127.00 1,056.00 -929.00 -12,269.11
11 40 127.00 1,056.00 -929.00 -13,858.01
12 41 127.00 1,056.00 -929.00 -15,526.36
13 42 127.00 1,056.00 -929.00 -17,278.13
14 43 127.00 1,056.00 -929.00 -19,117.49
15 44 127.00 1,056.00 -929.00 -21,048.81
16 45 127.00 1,056.00 -929.00 -23,076.70
17 46 127.00 1,056.00 -929.00 -25,205.99
18 47 127.00 1,056.00 -929.00 -27,441.73
19 48 127.00 1,056.00 -929.00 -29,789.27
20 49 127.00 1,056.00 -929.00 -32,254.18
21 50 293.00 1,056.00 -763.00 -34,668.04
22 51 293.00 1,056.00 -763.00 -37,202.60
23 52 293.00 1,056.00 -763.00 -39,863.88
24 53 293.00 1,056.00 -763.00 -42,658.22
25 54 293.00 1,056.00 -763.00 -45,592.28
26 55 293.00 1,056.00 -763.00 -48,673.05
27 56 293.00 1,056.00 -763.00 -51,907.85
28 57 293.00 1,056.00 -763.00 -55,304.39
29 58 293.00 1,056.00 -763.00 -58,870.76
30 59 293.00 1,056.00 -763.00 -62,615.45
31 60 293.00 1,056.00 -763.00 -66,547.37
32 61 293.00 1,056.00 -763.00 -70,675.89
33 62 293.00 1,056.00 -763.00 -75,010.83
34 63 293.00 1,056.00 -763.00 -79,562.52
35 64 293.00 1,056.00 -763.00 -84,341.80
36 65 293.00 1,056.00 -763.00 -89,360.04
37 66 293.00 1,056.00 -763.00 -94,629.19
38 67 293.00 1,056.00 -763.00 -100,161.80
39 68 293.00 1,056.00 -763.00 -105,971.04
40 69 293.00 1,056.00 -763.00 -112,070.74
41 70 2,477.00 1,056.00 1,421.00 -116,182.23
42 71 2,477.00 1,056.00 1,421.00 -120,499.29
43 72 2,477.00 1,056.00 1,421.00 -125,032.21
44 73 2,477.00 1,056.00 1,421.00 -129,791.77
45 74 2,477.00 1,056.00 1,421.00 -134,789.31
46 75 2,477.00 1,056.00 1,421.00 -140,036.72
47 76 2,477.00 1,056.00 1,421.00 -145,546.51
48 77 2,477.00 1,056.00 1,421.00 -151,331.78
49 78 2,477.00 1,056.00 1,421.00 -157,406.32
50 79 2,477.00 1,056.00 1,421.00 -163,784.59
51 80 2,477.00 1,056.00 1,421.00 -170,481.77
52 81 2,477.00 1,056.00 1,421.00 -177,513.81
53 82 2,477.00 1,056.00 1,421.00 -184,897.45
54 83 2,477.00 1,056.00 1,421.00 -192,650.27
55 84 2,477.00 1,056.00 1,421.00 -200,790.73
56 85 2,477.00 1,056.00 1,421.00 -209,338.22
57 86 2,477.00 1,056.00 1,421.00 -218,313.08
When comparing the rates of two different Life Insurance products it is
important to take into consideration the "time value" or "opportunity cost"
of money. This comparison has done that for you. By taking the year by
year difference in premium costs between two products and investing the
difference at an assumed "after tax" rate of return, we can determine which
premium paying method is more advantageous in any specific year.
For this comparison, Product 2 has been measured against Product1. The
Difference column will show a positive value if Product 2 is less expensive
than Product 1. A positive value in the Premiums Saved with Interest column
indicates a lower accumulating cost difference to the credit of Product 2.
These values are to the credit of Product 1 where negative results occur.
____________________________________________________________________________
NOTE: In this example the 30yr old male is taking out a new 20yr policy every 20yrs. The premiums for future purchases are not guaranteed. They are based upon today's cost of insurance charges.

It is possible that the death benefit in the Whole policy will increase at some point and/or that you will be able to suspend premiums on the whole life policy at some point.

Posted: 14 Jan 2009 10:14 Post Subject:

Victor your analysis is to say the least, interesting.

Posted: 15 Jan 2009 04:44 Post Subject:

Taking the same 30yr old male, but converting to a UL in yr 20:

January 15, 2009
Interest Adjusted Cost Analysis

Face Amount: (1) 100,000.00 (2) 100,000.00
Product 1: Term
20yr
Product 2: Whole Life
Whole Life
Interest Rate: 5.00% Tax Rate: 0.00%(Tax Deferred Vehicle) After Tax Rate: 5.00%
Year Age Premium 1 Premium 2 1 minus 2 Premiums Saved
1 30 127.00 1,056.00 -929.00 -975.45
2 31 127.00 1,056.00 -929.00 -1,999.67
3 32 127.00 1,056.00 -929.00 -3,075.11
4 33 127.00 1,056.00 -929.00 -4,204.31
5 34 127.00 1,056.00 -929.00 -5,389.98
6 35 127.00 1,056.00 -929.00 -6,634.93
7 36 127.00 1,056.00 -929.00 -7,942.12
8 37 127.00 1,056.00 -929.00 -9,314.68
9 38 127.00 1,056.00 -929.00 -10,755.86
10 39 127.00 1,056.00 -929.00 -12,269.11
11 40 127.00 1,056.00 -929.00 -13,858.01
12 41 127.00 1,056.00 -929.00 -15,526.36
13 42 127.00 1,056.00 -929.00 -17,278.13
14 43 127.00 1,056.00 -929.00 -19,117.49
15 44 127.00 1,056.00 -929.00 -21,048.81
16 45 127.00 1,056.00 -929.00 -23,076.70
17 46 127.00 1,056.00 -929.00 -25,205.99
18 47 127.00 1,056.00 -929.00 -27,441.73
19 48 127.00 1,056.00 -929.00 -29,789.27
20 49 1,000.00 1,056.00 -56.00 -31,337.53
21 50 1,000.00 1,056.00 -56.00 -32,963.21
22 51 1,000.00 1,056.00 -56.00 -34,670.17
23 52 1,000.00 1,056.00 -56.00 -36,462.48
24 53 1,000.00 1,056.00 -56.00 -38,344.40
25 54 1,000.00 1,056.00 -56.00 -40,320.43
26 55 1,000.00 1,056.00 -56.00 -42,395.25
27 56 1,000.00 1,056.00 -56.00 -44,573.81
28 57 1,000.00 1,056.00 -56.00 -46,861.30
29 58 1,000.00 1,056.00 -56.00 -49,263.16
30 59 1,000.00 1,056.00 -56.00 -51,785.12
31 60 1,000.00 1,056.00 -56.00 -54,433.18
32 61 1,000.00 1,056.00 -56.00 -57,213.64
33 62 1,000.00 1,056.00 -56.00 -60,133.12
34 63 1,000.00 1,056.00 -56.00 -63,198.58
35 64 1,000.00 1,056.00 -56.00 -66,417.30
36 65 1,000.00 1,056.00 -56.00 -69,796.97
37 66 1,000.00 1,056.00 -56.00 -73,345.62
38 67 1,000.00 1,056.00 -56.00 -77,071.70
39 68 1,000.00 1,056.00 -56.00 -80,984.08
40 69 1,000.00 1,056.00 -56.00 -85,092.09
41 70 1,000.00 1,056.00 -56.00 -89,405.49
42 71 1,000.00 1,056.00 -56.00 -93,934.57
43 72 1,000.00 1,056.00 -56.00 -98,690.09
44 73 1,000.00 1,056.00 -56.00 -103,683.40
45 74 1,000.00 1,056.00 -56.00 -108,926.37
46 75 1,000.00 1,056.00 -56.00 -114,431.49
47 76 1,000.00 1,056.00 -56.00 -120,211.86
48 77 1,000.00 1,056.00 -56.00 -126,281.26
49 78 1,000.00 1,056.00 -56.00 -132,654.12
50 79 1,000.00 1,056.00 -56.00 -139,345.62
51 80 1,000.00 1,056.00 -56.00 -146,371.71
52 81 1,000.00 1,056.00 -56.00 -153,749.09
53 82 1,000.00 1,056.00 -56.00 -161,495.35
54 83 1,000.00 1,056.00 -56.00 -169,628.91
55 84 1,000.00 1,056.00 -56.00 -178,169.16
56 85 1,000.00 1,056.00 -56.00 -187,136.42
57 86 2,477.00 1,056.00 1,421.00 -195,001.19
When comparing the rates of two different Life Insurance products it is
important to take into consideration the "time value" or "opportunity cost"
of money. This comparison has done that for you. By taking the year by
year difference in premium costs between two products and investing the
difference at an assumed "after tax" rate of return, we can determine which
premium paying method is more advantageous in any specific year.
For this comparison, Product 2 has been measured against Product1. The
Difference column will show a positive value if Product 2 is less expensive
than Product 1. A positive value in the Premiums Saved with Interest column
indicates a lower accumulating cost difference to the credit of Product 2.
These values are to the credit of Product 1 where negative results occur.
____________________________________________________________________________
NOTE: Every effort has been made to ensure the accuracy of this information
but we cannot guarantee accuracy and are not liable for errors or omissions.

Posted: 15 Jan 2009 04:48 Post Subject:

victor,

I understand you have software that runs this type of analysis, but I just don't think they mean very much to the average insured.

Could you abbreviate these figures for us and just come up with a bottom line?

Thanks

Posted: 15 Jan 2009 05:00 Post Subject:

Bottom line is that it's cheaper to buy term for as long as you can and delay buying a permanent policy for as long as you can (when your health deteriorates - CONVERT).

There are other reasons that it may be advantageous to buy a permanent policy now, but not because it is cheaper.

Posted: 16 Jan 2009 05:02 Post Subject: insurance

From what I understand, WHOLE Life gives you more 'coverage' ( 'cash-value, etc.) TERM Life limits your 'coverage'.............what would be the purpose of getting a TERM Life policy? Cheaper isn't always the 'best'...ya know?

Posted: 16 Jan 2009 08:53 Post Subject:

Some people chose term not because it is cheaper, it is for the time frame, right, at least that is the way that I understand it.

Posted: 16 Jan 2009 09:34 Post Subject:

If this fictitious 30 year old male bought a $100k UL with Sun Life in perfect health, he would only be paying $404 per year guaranteed FOREVER regardless of cash value (no-lapse guarantee). It's easy to say that when your health deteriorates, you should convert. How about when the carrier gets bought out by someone else and the conversion option is limited to the most expensive whole life product they sell? How about when the insured forgets when the conversion options is set to expire, lets it expire, but has already had two heart attacks?

How many people ever invest the difference anyway when buying term? Answer - very few. Buy term and invest the difference would be a great strategy if everybody's life turned out exactly they way they expected it to. Do you know anyone whose life turned out exactly the way they expected it to? I sure don't.

Posted: 17 Jan 2009 02:40 Post Subject:

Do you know anyone whose life turned out exactly the way they expected it to? I sure don't.

Only one... :wink: and we just celebrated his birthday last month! :wink: Jokes aside you are of course correct, everyone knows they will die, but few plan well for it...and most people don't expect it as early as it comes! all very good points in your post dgoldenz

Posted: 17 Jan 2009 06:20 Post Subject:

How many people ever invest the difference anyway when buying term? Answer - very few.



I'd agree with goldenz.....more often than not people stop thinking about life insurance after purchasing one. Many consider buying life policy is a duty and they have performed it by purchasing the first one available to them. We often don't analyze our lives requirements.

Moreover, most of us don't know what the right investment options are. Hence, though the idea of buying term life and investing the difference sounds interesting it often doesn't work that way.

Posted: 17 Jan 2009 07:19 Post Subject:

Only one... and we just celebrated his birthday last month!



Some of you probably don't know that last month was our great Lori's birthday. So, its not hard for us to guess who she is referring to :wink:

Posted: 17 Jan 2009 12:44 Post Subject:

Some of you probably don't know that last month was our great Lori's birthday. So, its not hard for us to guess who she is referring to

OH MY GOSH! Jeorge, I'm so embarrassed...no no no I didn't mean me (forgot my birthday month too) I meant Jesus! :oops: :oops: My life certainly didn't turn out ANYTHING (much) like I planned... :wink:

Posted: 30 Jan 2009 09:23 Post Subject:

This forum has answered your question quite a bit on the difference between term and whole life policies. I would recommend that you study these topics yourself. There are many unbiased resources on the Internet that can provide you with the knowledge you need to make an informed choice.

I think the bottom line is what you can afford and what your personal needs are for life coverage. If you are a young family, you may want to choose term life insurance for now because it is cheap and offers you high death benefits. There are several options even within term life policies, such as the convertability option. This option allows you to convert to a whole life policy within a stipulated time frame. There are others who want a temporary life policy to cover temporary liabilities, and would rather choose term life rather than a whole life policy. For those who wish to be covered their entire life, a whole life policy would certainly suit their needs better.

Denise
AccuQuote - Term Life Insurance
Disclaimer: I work for AccuQuote and this is my personal opinion.

Posted: 24 Mar 2009 10:07 Post Subject:

Akhilesh,

Do you really know what you said “suggest you to go for whole life below 40 years and after that go for term policies”

If person is already holding whole life policy which is covering the HLV based value absolutely, why should he will buying another term policy and that is after 40 years, especially after 40 years the medical underwriting is on higher side and so the rate of premiums.
Dude I think you should do little homework before writing any comments in forum.

Posted: 24 Mar 2009 01:12 Post Subject:

Walle I think what Akh. was saying was IF you had NO life policys and went to purchase them prior to 40 a whole life policy would be your best best after 40 a term policy..mostly in terms of premium..there are many companys that sell term policys with little to medical underwriting...(see them on t.v. ads all the time :roll: )...anyway I think that's what Akh. was trying to get across.

Posted: 25 Mar 2009 08:57 Post Subject: hi yesterday i told about difference in term life and whole

go for term life you are in a win win situation

Posted: 27 Mar 2009 06:40 Post Subject:

Victor27,

Your analysis is not compleat:

1) you are amusing a 5% after tax (12.5% taxable) return in a tax deferred account. if this is the case the you need an additional column with the true after tax account value....eg in year 40 you say there is $112,070. In reality if this where tax diferred (maybe in an annuity) you would only have $80,778 after tax ($112,070 with a basis of $33,840 and a 40% tax rate)

2) You need to take into consideration the cash value of the WL policy in every year. Eg. in year 40 you may have $112,070 (pre tax) but what is the cash surrender value of the whole life policy in that year (that would technically be considered a return of premium that would need to be taken into consideration).

3) You did not account for inflation.

4) A whole life policy may not be the best bet here....a UL will be cheaper and will have definable interest a fees while a Whole life dividend rate is not guaranteed and the true expense of the policy are hidden.

5) is this a Par or Non-Par whole life. If it is a Participating policy where are the dividends. The dividends should be put into a like side-fund and accrued at the same 5% as the premium difference. (You should also take into consideration the taxes on the interest in each case)

6) Where is the total AFTER TAX death benefit. This needs to be calculated (insurance DB + after tax side-fund value).

7) Are there estate tax issues....if so the side-fund will probably no be outside of the clients estate.

8 ) conversion to a UL or WL should be taken into consideration at key points and compared to the cost of the original WL.

My point is that this can be a very a very complex calculation. Sometimes it works out to do it one way and sometimes it does not.

As insurance Maze said....there is not one answer for this question. each client needs need to be evaluated and analyzed...along with the clients emotional situation....sometime a client just feels better one way or the other regardless of price.

Also I have never actually known a client to invest the difference....they all say they will but never do. For that fact alone the WL forces them to save/invest the difference (in the policy)....which is a good thing.

Posted: 28 Mar 2009 04:15 Post Subject:

I've got a new concept - "Buy UL, invest the difference!"

I should write a book and make millions.

Posted: 02 Jul 2009 02:35 Post Subject: life insurance

My husband had taken out a 10,000 dollar policy for my son years ago. i have been paying on it now since my husband has died. I will pay on it till I pass and then hopefully son will take over. Do you ever stop paying on this insurance if insured is still living? Is this still better than a term policy?

Posted: 08 Sep 2009 11:24 Post Subject:

We know that there are several various life insurance policies now and we can choose it according to our needs. Some of the good life insurance policies which can easily fit in our budget are the whole term life insurance policy, the universal policy and many more. This could definitely be the best protection for our family for the whole life.
The 10 year term life insurance policy is usually chosen for one of two reasons. It is quite cheap thus more people can afford it. They wanna choose this policy intending to buy one for a longer period of time sometime in the future. If they are unable to qualify for the new policy in the future the life insurance company may allow them to convert to a permanent policy. Of course, this one would be by contractual agreement. Buying the 10 year term policy they at least have the coverage now. They can feel more secure.
20 years sounds like a good period of time to plan for so off they go and buy their 20 year term life insurance policy. A 25 year or a 30 year term life insurance policy probably would have done just as well but they choose the 20 year policy.
Business people often choose the 30 year term life insurance policy over the other policy styles as they want to do their insurance buying now and not think about it any more for a while. They should rethink their insurance needs every year but at the beginning they choose the 30 year term anyway.
We have a lot of choose and we can pick up the right and availale one .

Posted: 15 Sep 2009 05:45 Post Subject:

the whole term life insurance policy



THE WHAT??

OMG this sounds like a Primerica commercial. I shouldn't laugh, investigating their croooked agents has always been lucrative.

dgoldenz - that book idea would work very well if you were once a football coach.

Posted: 15 Sep 2009 05:51 Post Subject:

I coach a few fantasy football teams....does that count?

Posted: 15 Sep 2009 04:27 Post Subject:

LMAO

Hey Coach, As long as you stay away from selling "Whole Term Life Insurance policies" we'll get along just fine.

Posted: 07 Dec 2009 08:47 Post Subject: best rated insurance policies?

this table at lifeinsurancesf.com shows a comparison or rankings of the best companies or policies for life insurance. do you know of other such comparisons or ratings? how do you decide which is the "best" life policy?

Posted: 08 Dec 2009 12:15 Post Subject:

"I coach a few fantasy football teams....does that count?"

Feel free to email for advice.

Here are two freebies:

Hartley and Harrison. Might be available in certain leagues.

Posted: 08 Dec 2009 04:23 Post Subject:

I'm doing alright. I'm in 3 money leagues and currently in first, second, and third place with the playoffs starting next week. Have a bye in the first two. Hartley and Harrison are both gone in each league.

Posted: 08 Dec 2009 06:06 Post Subject: female

Whole life insurance at age 65 for 100,00.00.
Non-amoker and no none medical problems.

Posted: 08 Dec 2009 03:45 Post Subject:

Whole life insurance at age 65 for 100,00.00.
Non-amoker and no none medical problems.



Are you asking for a quote?

Posted: 04 Jan 2010 01:13 Post Subject:

Term life insurance policy is only for a limited period and life insurance policy covers risk for whole life. I would suggest you to go for life insurance policy for your mother and to know more about term and life insurance policy visit (link removed by moderator-lori)

Posted: 04 Jan 2010 01:24 Post Subject:

Campbel, welcome to the community...please review (carefully) our terms of use (link at the bottom of every page)...you may not EVER link your site in posts...after making the required number of QUALIFYING posts you may add your link to your signature.

If you have any questions please feel free to send me a p/m or quick message.

Failure to adher to the terms of use will (without question) get you banned from this site. I assume as a new poster this was a simple mistake...

Posted: 04 Jan 2010 06:35 Post Subject:

Buy term and invest the difference! That is my motto!

Posted: 04 Jan 2010 10:54 Post Subject:

Buy term and invest the difference! That is my motto!



And I was starting to like you from the EIA thread. :lol:

Posted: 04 Jan 2010 11:12 Post Subject:

I actually didn't write that. I like permanent insurance. I also like term insurance.

Posted: 06 Jan 2010 01:13 Post Subject:

I actually didn't write that.

See honey, what I keep telling you...until you get a screen name, you'll be getting 'credit' for all of these.. :wink:

Posted: 06 Jan 2010 02:39 Post Subject:

Lori, I'm sitting next to you and I just (XXX-post edited by lori)my pants! Can you smell it? Stinks huh!

Posted: 07 Jan 2010 03:17 Post Subject:

Couple of things there slick...first off have you not noticed the lack of profanity on this site? There's a reason for it..we don't like it! so cut it out now, please..

Secondly, that's just a little creapy. Not too mention, gross, and very inmature, surely you could've come up with a little more adult comment :roll:

(i'm not kidding about the mouth...easy there lucky)

Posted: 27 Jan 2010 05:49 Post Subject:

Term is to cover a need for a known length. Whole and or Universal are used to cover a need that does not go away.

Posted: 31 Jan 2011 04:16 Post Subject: Victors analysis

I want to thank Victor for the interesting comparison. I wish our schools would teach things like this. Very good info.. Thank you Victor.

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