Friday, January 18, 2008

Term vs Whole Life

One of the best financial decisions I ever made was to move from buying whole life insurance policies to term life. Once I found got the term life insurance quotes, I made the change through my insurance agent. I then made sure that the difference between the premiums for the whole life policy and the term policy went into a savings vehicle or investment that paid more earnings than the insurance company offered. And I got more insurance on my life as well!


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