| When it come to life insurance there are many | | | | as a great tax benefit if both are bought together |
| thing your agent doesn't want you to know! | | | | but due to the huge sales commissions and |
| Especially where it would effect their bonuses and | | | | continuing costs, it turns out to be a bad deal for |
| commissions. By keeping you dependent on them | | | | the consumer. |
| insures them of huge commissions and overrides. | | | | Whole life used to be the most popular insurance |
| However the internet has become the consumers | | | | sold since it builds a cash value and many use it |
| true equalizer when it comes to insurance. Being | | | | as a savings avenue. But whole life premiums are |
| internet savvy could save you hundreds of dollars | | | | high and agents love this because of the high |
| a year ! | | | | commissions. A nonsmoker 25 yrs. old male would |
| The best way to buy life insurance is to stay with | | | | spend about $180 a year for $250,000 worth of |
| the basics,with term life insurance. Term life is the | | | | term insurance but a whole life plan would cost |
| type of life insurance that only pays if you die. | | | | approximately $2,000. |
| Similar to automobile insurance in that you pay | | | | If you decide to get term insurance I recommend |
| year to year and when you stop paying the | | | | level- term which basically mean that the premium |
| coverage stops as well. However, term life | | | | is guaranteed to stay the same for the number |
| insurance is so inexpensive due to greater | | | | of years that you choose. You should buy |
| competition. Also the internet has made it easier | | | | coverage based on the years that you expect to |
| to compare company rates from company to | | | | work. When you decide to shop for term life |
| company. | | | | insurance I recommend Cheap term quotes or |
| Insurance agents hate to talk about term life | | | | visit the insurance section of 2 Spend less ! Also |
| insurance because there is very little profit for | | | | talk to an insurance broker like American |
| them to gain. Agents like to sell variable universal | | | | Consultants Inc at 404-767-1072, if there are |
| life and universal life. Variable universal life | | | | questions,either way will insure that you save. |
| combines mutual funds and life insurance. Pitched | | | | |