Saturday, November 10, 2007

Life Insurance - A Beginner?s Guide

When it comes to life insurance we have two primary types of policy to choose from ? term life insurance or whole of life insurance. Many people find it hard to come to a decision about which type of policy to take out but the decision you have to make really isn?t that complex and both will offer good levels of cover for the majority of people. Let?s take a closer look at your options.
The most popular type of life insurance is, without a doubt, term life insurance. This kind of policy will be set out to last for a specified ?term? ? i.e. it will last for a set time period. So, you can take out a life insurance term policy for 25 years, as an example. During this 25 year period you will make your policy payments and you?ll have the protection of the policy if yo View the rest of this article


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