An article by BudgetQueen My dad purchased a whole life insurance policy for me when I was very young. As I grew up the cash money that accumulated added to cover all of the expenses for my Bachelors Degree at the state university. My dad is also doing the same for my children. Am I grateful? Absolutely. Is it still a good idea to use whole life insurance to save up for college? Well let’s talk about some of the savings benefits of life insurance, and the other things that life insurance can do … [Read more...]
Pros and Cons to Variable Life Insurance
Variable life insurance provides financial security to your loved ones in the event of your untimely death. Unlike other forms of life insurance, variable life insurance includes an investment option. Variable life insurance falls under the category of whole life insurance as it will allow you to have life insurance coverage until the time of your death. How does variable life insurance differ? When you invest money into this type of insurance policy you will also be given a cash value … [Read more...]
