What does that do for you??? Say you have a $ 10,000
whole life plan worth $ 10,000.
Not exact matches
Still, it may be
worth it if you need the cash value to cover things like endowments or estate
plans, which might benefit from the greater options that a
whole life policy provides.
There are also options for
whole life no medical exams
plans, but as a senior, the
plans are not going to be
worth the coverage that it will provide.
At this point, it's
worth mentioning that burial insurance policies /
plans will work similar to the term
life or
whole life insurance policies.
In the case of smokers, it is rarely
worth using
whole life insurance as an investment unless there is a personal financial need which can only be satisfied with a
whole life insurance policy such as a during trust
planning or estate
planning.
With
whole life suggestions, the probability of developing cash
worth is a great function that is various from term
plan.