Signing up for life insurance isn’t as simple as walking through the front door and putting a pen on paper. It can require additional steps, including blood-related tests, to determine whether or not a person is eligible. These details are mentioned in the contract and will be highlighted to the applicant as soon as he/she speaks to a representative. Life insurance is an essential investment and a great way to protect your loved ones, but…
Buy term and invest the difference is something you have probably heard before, or perhaps it has even been offered to you by a friend or colleague. But what exactly is this concept? Is it even a wise investment option? A Short Definition: Buying term and investing the difference means you will use an amount equivalent to what it will cost to purchase a permanent life insurance plan and then compare this to the expense…