When Coverage Matters
Make sure you are covered for all of life’s ups and downs. This means being financially prepared when life throws you a curve ball such as unexpected expenses or a sudden loss of a loved one.
When you’re shopping around for a life insurance policy, the easiest way to get started is to realize that there are essentially two kinds of policies: term life insurance and whole life insurance.
Term life insurance lasts for a specific amount of time (the “term”) and expires at the end of the policy.
Whole insurance, on the other hand, is a form of permanent life insurance.
There are more insurance plans that fall into these two categories, each with their own benefits and drawbacks.
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