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Permanent Insurance: Ownership of Life Insurance Policies and Life Insurance Trusts

March 3, 2011 by  
Filed under Permanent Life Insurance

1. If used properly, life insurance can be one of the estate’s most valuable and flexible tools. Insurance can be used in a variety of ways. a. First, life insurance can create an immediate estate, which ordinarily might take years to accumulate. Example: An average wage earner may need a long period of time to […]

Whole Life Insurance Quotes

February 25, 2011 by  
Filed under Permanent Life Insurance

When you shop for life insurance, you’ve got two basic options: term or permanent life insurance. Term life insurance covers you for a specific period of time, usually 10, 15, 20 or 30 years. If you live past your policy’s term, there is no payout to your beneficiaries. Permanent life insurance, such as whole life, […]

Return of Premium Life Insurance

February 25, 2011 by  
Filed under Other Types of Life Insurance

Here is how it works….you decide to purchase term life insurance on your life. Your agent tells you about a new plan that will cost a little more that the term insurance you were going to buy, but this insurance policy guarantees that if you die your family will receive the full face amount of […]

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