So you’re considering a level term life insurance policy? One of the major questions you should ask yourself is: how long of a term plan should you buy? And more importantly, what happens when the term expires?
Why Decreasing Term Insurance isn't Your Best Buy -- Level term life insurance gives you a particular amount of death benefit for a particular period of time, which is called the term. Decreasing term insurance works differently. Here is why it is usually not your best buy: (Read more)
#huntleywealth just came out with a “Buy term (and invest the rest) vs. whole life” calculator". It calculates term and whole life premiums to show the difference over 10, 20 and 30 years from an investment standpoint. The ultimate message is “buy term and invest the rest” is the better deal 95% of the time. http://www.insuranceblogbychris.com/term-vs-whole-life-insurance-comparison-calculator/