Best Whole Life Insurance Quotes
Whole life, also called cash value, is a type of permanent life insurance: It covers you for your entire life, as long as you pay the premiums, which are at a fixed rate.
Whole life insurance policies have guaranteed cash values. If at any time in the future you should be in need of cash you can borrow a portion of your cash value from your policy.
You repay it at your convenience. If there is an outstanding amount owed at the time of your death or when you choose to surrender your policy the amount paid will be reduced by that amount.
This cash value can build up to a considerable amount of money over the years.
One advantage of whole life insurance is that the cost of the premiums paid to the policy never increases, as long as you make sure to pay the premiums and the policy doesn’t lapse.
The reason why this is important is because with term policies, your rates rise over time. This is due to the changes in your health and age.
As you get older, your chances of dying increase. Since the life insurance company takes on that risk, they increase the cost of premiums.
How to get the Best Whole Life Insurance Quotes
You can request a whole life insurance premium quote from a life insurance agent or online. When you get your quote you will see that your death benefit remains level for the duration.
If you’re looking at 10 companies, you may qualify for the best available rate with one and not with the other nine. You need an agent that can work with the different underwriters to present your case.
A dedicated pro knows how to use those best offers as a first offer and dig for even better terms on your behalf. After all, they negotiate with those same carriers for their own share of the pie.
Buying a Whole Life Insurance policy can be confusing. Because of the different options available, many people feel overwhelmed by this large and important decision.
The best way to get started towards buying your perfect policy is to contact us by phone at 813-964-7100 or
Email us at email@example.com