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Home | Insurance | Blog article: What is cheaper? Whole-life or term life insurance?
What is cheaper? Whole-life or term life insurance?
Term life insurance has lower premiums, but you are comparing apples to oranges.
The longer period of time the insurance is guaranteed for typically the higher the premiums. A 30 year term product is more expensive than a 10 year term product. A whole life product will be the most expensive since it covers the longest period of risk.
Check out this site, if you want to find the cheapest life insurance just in one minute,
Here you can get free quotes from different life insurance companies in your area, its the best way to find an afforable life insurance with a reliable company.
marybeth 8:03 pm on December 21, 2009 Permalink
Term life insurance has lower premiums, but you are comparing apples to oranges.
The longer period of time the insurance is guaranteed for typically the higher the premiums. A 30 year term product is more expensive than a 10 year term product. A whole life product will be the most expensive since it covers the longest period of risk.
Check out this site, if you want to find the cheapest life insurance just in one minute,
http://best-cheap-life-insurance-usa.blogspot.com/
Here you can get free quotes from different life insurance companies in your area, its the best way to find an afforable life insurance with a reliable company.
Best Wishes,