permanent life insurance
- Finance
Life Insurance Investment
Life Insurance Investment Life insurance with an investment component can be a way to achieve both financial protection for your loved ones and some potential long-term growth on your money. However, it’s important to understand it’s not a traditional investment and has some key differences. Here’s a breakdown: Types of Life Insurance with Investment Features: Whole Life Insurance: This policy builds cash value over time along with providing a death benefit. You pay a fixed premium, and a portion goes…
Read More » - Finance
what is life insurance
what is life insurance Life insurance is a financial agreement between an insurance company and you, the policyholder. In exchange for regular premium payments, the insurance company guarantees to pay your beneficiaries a sum of money (the death benefit) upon your death. This financial cushion can help your loved ones maintain their standard of living and cover expenses like mortgage payments, childcare, or education costs. Here’s how life insurance works: You choose a life insurance policy: There are different types…
Read More »