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Message
re: Life Insurance
Posted on 3/2/10 at 8:07 am to Alan Chavez
Posted on 3/2/10 at 8:07 am to Alan Chavez
Convertible term life insurance makes more sense than a permanent one. The premium difference is minimal and the flexibility to convert term life in to permanent life insurance is always an advantage. If you expect to have no financial obligations at the end of the term, then opt for a convertible policy. On the other hand, if you will still have outstanding loans and mortgages, kids educations to pay for, or some other major financial obligations, then stick with term life insurance by buying a policy with a renewability option. The choice is entirely dependant on your individual financial needs.
Denise at AccuQuote
Disclaimer: I work for AccuQuote and this is my personal opinion.
Denise at AccuQuote
Disclaimer: I work for AccuQuote and this is my personal opinion.
0
Posted on 3/2/10 at 12:06 pm to calminvestor
quote:
calminvestor and Sacred Salami
Posted on 3/3/10 at 9:38 am to kjheath1
quote:
Let me ask another question, if your auto insurance, could "grow", give you benefits, and eventually it would be paid off (meaning you could keep the insurance, but could stop paying for it), would you pay more for it than standard auto insurance?
I'd pay "more." The question is how much more.
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