Life Insurance

is offered in two styles,

Universal Life Insurance

, which accumulates a cash value and is permanent and

Term Life Insurance

, which is a policy that ends at a specific time period.

Term Life Insurance

is generally less expensive than Universal Life Insurance. And because it ends at a predetermined age you cannot borrow money from it. Universal Life Insurance is more expensive because it builds cash value that you can borrow against should you need to. However, the general principle is that if you took the money you would pay to a Universal Life Insurance Policy and invested it, it will generally earn you more than the cash value of the Universal Life Insurance Policy.

Most experts will tell you that a Term Life Insurance is not as good an investment as a solid Universal Life Insurance policy. If you are in the market for a Life Insurance policy you should shop around but make sure you go with a company you can trust. The companies on this page are some of the most reputable in the business.

Life Insurance