The Advantages Of Whole Life Insurance Will Make This Form Of Insurance More Attractive Than Any Other Type Of Insurance
There are a number of advantages of whole life insurance. Whole life insurance is really a permanent life insurance or ‘straight’ life insurance that is very popular and which covers the entire life of the insured until the day they die, hence the use of the word "permanent." The greater popularity and increased demand of the whole life insurance is due to the fact that it provides financial protection as well as accrues cash value and also pays dividends on the policy.
A Few Notable Advantages Including Death Benefit, Cash Value, And More
A primary advantage of whole life insurance is that it is an investment that secures the future of the insured as well as builds up finances that is of help in case of trouble in the future. Another advantage of whole life insurance is the Death Benefit, which guarantees that the death benefit will not go down ever. It is also free of Federal income tax and is also available in the form of monthly income if you do not wish to take a lump sum payment.
Consistency of premium level is another advantage of whole life insurance as there is no increase in the premium, which is unchanged and not like other forms of insurance for which premiums keep changing in the upward direction.
You can also get another advantage from whole life insurance in the form of “cash value” in which the whole life insurance accumulates useable cash reserves. This is applicable only to whole life insurance and is an increase that results when the premium is paid and is also accumulated tax deferred.
When you take out a whole life insurance policy, you are able to earn dividends which are another advantage of whole life insurance, and you can receive the dividend in the form of cash that can be used to make purchases for paid up additions, used to minimize premiums or even used to get interest by keeping it within the policy.
As you can see, there are many advantages of whole life insurance that are quite unique, and which makes taking out a whole life insurance policy really worth your while. There are many experts that can provide counseling as well as advice on how best to go about getting a whole life insurance, and who will be able to explain the benefits to you if you purchase this type of insurance. So, why not get a whole life insurance policy and reap the many benefits that will help you in the future? Call today for a FREE quote 270-326-8000 ask for Curtis or go to www.myburialinsurance.com
.
Monday, December 12, 2011
Sunday, February 6, 2011
New FREE teleseminar
I've just released a new teleseminar
entitled "The 9 things you must know about funeral planning"
it's packed full of information that you've
never heard before
and the great thing for everybody is
it's FREE
no charge to get this information
just dial 206-350-5529
listen, learn ,enjoy
if you hang around till the end of the call
you'll have an opportunity to get some gifts
*FREE final wishes planning guide
*FREE funeral estimate
*FREE 15 minute planning consultation
God Bless
and I'll see you on the call
Curtis
Monday, August 30, 2010
Rising costs
According to the National Funeral Directors Association, the average cost of a funeral in 2006 was $7,323.
And, this cost does not include the cemetery plot, monument, flowers, obituary, or other cash expenses, which
could push the cost well over $10,000.
Why burden your family with these costs at a time when they already have many other concerns? With a good final
expense plan, you can help reduce the worry your family will experience when you die by putting the money in place,
so that it's available when they need it most.
And, this cost does not include the cemetery plot, monument, flowers, obituary, or other cash expenses, which
could push the cost well over $10,000.
Why burden your family with these costs at a time when they already have many other concerns? With a good final
expense plan, you can help reduce the worry your family will experience when you die by putting the money in place,
so that it's available when they need it most.
Wednesday, May 5, 2010
Why Whole Life Insurance?
Whole Life Insurance offers guaranteed coverage for life to protect your loved ones by helping them pay any final expenses and other costs incurred at your death. And, the premiums NEVER go up. They remain level for the remainder of your life no matter what happens to your health. Your whole life policy also provides your loved ones with an income tax free death benefit.
The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail. Get busy.
The New Busy is not the too busy. Combine all your e-mail accounts with Hotmail. Get busy.
Saturday, May 1, 2010
Permanent Coverage
When buying life insurance, one of decisions you'll be faced with is to buy term or permanent insurance.
The question you need to ask yourself is, will I need some coverage for the rest of my life?
If you answer like most people, you'll say YES. If the answer is yes, then you need some permanent life insurance; maybe just enough to cover your final expenses.
A $10,000 to $25,000 policy would suffice for these purposes.
The good thing about permanent life insurance is you can lock in your rate for life. No matter what happens to your health, your rate will not change.
The question you need to ask yourself is, will I need some coverage for the rest of my life?
If you answer like most people, you'll say YES. If the answer is yes, then you need some permanent life insurance; maybe just enough to cover your final expenses.
A $10,000 to $25,000 policy would suffice for these purposes.
The good thing about permanent life insurance is you can lock in your rate for life. No matter what happens to your health, your rate will not change.
Subscribe to:
Posts (Atom)
