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Term Vs Whole Life Insurance, Different by Design

As a recently married homeowner, you face looming challenges on the near horizon. Perhaps you or your spouse is already pregnant. Perhaps you are entering a new phase in your career. Alternatively, maybe you have become concerned about medical bills and retirement funds.

On the one hand, term life insurance sounds appealing. You can benefit from low premiums, enjoy a tax-deferred account through a return premium program, and transfer or convert your term policy into a permanent policy in several years. On the other hand, you like the stability that whole life insurance offers. Moreover, you've canvassed the industry and discovered several blue chip companies that have made intelligent investments year after year, and you want to get in on that action.

Whole life insurance gives you the opportunity to reap the rewards of savvy carrier investing strategies. Companies like AIG, Transamerica, and Genworth Financials all have solid track records in terms of growing whole life insurance funds. To get highly tailored advice about how to move forward--without the bias that comes with consulting with a corporate agent--use the online EFinancial.com system now.

Your toll-free call to 866-765-4296 will connect you with a knowledgeable rep who can further dice the term versus whole life insurance debate for you, using statistics and computer models to backup findings. Moreover, you're welcome to use the data and term definitions onsite to understand the subtleties among whole, universal, and variable universal life policies.

Read more at the Efinancial ELearning Center and receive your free life insurance rate quote

Marty Weishaar

Marty Weishaar is a respected insurance industry analyst and advisor who helped create one of the life insurance industry's first ELearning Centers at Efinancial.com. The Efinancial Learning Center contains hundreds of helpful articles and calculators to educate today's insurance shopper and help them make the best decisions for the financial health and future of their family.

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