Your Insurance Answers

Do you have children or a family? If so, you need term life insurance. Funny how they call it life insurance, considering it is really a death payout. There are many types of life insurance, including universal whole life, whole life insurance, as well as life assurance policies sold in Europe.

So why do we suggest term life insurance over other type of life insurance? Because it is the cheapest form of life insurance, because all you are paying for is a death benefit, not all the other things universal and whole life insurance policies offer, including the retirement annuity that pays out.

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