Since life is so predictable, why would you think that tomorrow is a guarantee? If you were to pass away today, are your loved ones able to handle all the expenses involved with your death. This article will help you find the best life insurance plan for you.
The primary selling point of term insurance is in the fact that it costs much less than a traditional policy. Keep in mind that traditional life insurance policies are permanent financial assets, and you can always borrow money from it with no tax consequences. Term policies, on the other hand, are in place only for the period during which premium payments are maintained.