Term or Whole Life Insurance? Which To Choose?

  • Post last modified:April 23, 2020
  • Post Category:life insurance

One of the most important insurance policies that you can investin is ctgeneral life insurance. It’s not the most enthusiastic and appealingcoverage that you can receive, but it sure is necessary for you and your lovedones.  Simple going without a policy isjust an unwise decision.

There’s a few things you should be aware of though when investingin a ct general life insurance policy.  For starters, there are two main policiesthat you should know the difference between, and those are termlife insurance and permanent life insurance.

1)     Term Life Insurance is just what it sounds like, coverage for acertain period of time.  It covers youfor that term and will pay a death benefit to your family if you pass awayduring the term. Moreover, this type of life insurance usually provides thebest bang for your buck in that it gives you the largest protection for theamount of premium you pay.

2)      Permanent Life Insurance,simply stated, provides you and your family with long-term financialprotection. The death benefit is included, as well as cash that can build updue to the savings element involved with this type of policy.

Bottom line, if you don’thave ct general life insurance, youneed to contact someone at ParadisoInsurance right away.  You should notgo through life without some type of life insurance policy, and we are here tomake sure that you and your family will receive the best possible coverage andcare that we can provide.