LifeInsuranceRates.com

For a Lifelong Commitment Whole Life Insurance Is a Smarter Investment Says LifeInsuranceRates.com

 

Atlanta, GA -- (SBWIRE) -- 08/19/2014 -- LifeInsuranceRates.com, one of the leading websites to offer life insurance quotes from reputed insurance providers, has recently shared informative articles on a common type of life insurance – whole life insurance. These articles, which are aimed to help life insurance seekers make an informed decision, share various aspects of whole life insurance and further elaborate on how whole life insurance is coupled with financial benefits which make it a smarter investment for a lifelong commitment.

The websites provides life insurance rates of different types such as term life insurance, whole life insurance, universal life insurance, survivorship life insurance and others. The site also time to time shares insightful information on these types of insurance and discusses the various plans the leading insurance companies are currently providing.

For individuals new to life insurance, LifeInsuranceRates.com acts as a great source as it not only explains to them the difference between the various insurance types and coverage but also guides them to selecting the most suitable & affordable life insurance.

The site has in the past provided many articles on whole life insurance but this time in the newer publications they have concentrated on the benefits of whole insurance and why it is usually the better investment option despite being higher priced than other insurance types.

According to the articles, the two major reasons why whole life insurance can be more beneficial are because firstly it lasts as long as payments are made and secondly it can’t be revoked because of discovery of a medical condition. After all a person seeks life insurance to secure his/her family from any future unknown circumstances and hence it is very important for many to have a life insurance that is applicable if a medical condition does arrive.

Another major aspect of whole life insurance mentioned in the new articles is that all whole life insurances have a cash value. A previous article on the website titled ‘Cash Value Insurance’ informs that cash value insurance is “An insurance that, in addition to paying out a death benefit, also accumulates cash value over time which may be withdrawn after a certain period.” This accumulation of cash value is the ‘the growth of cash value’ over time hence the whole life insurance additionally pays dividends to the owner of the policy.

One other mentioned advantage of whole life insurance is that it has “consistent premiums also called level premiums that don't change over the life of the policy.” This can help the policy holders to pre-manage their payments without worrying about any future fluctuations.

The latest article titled ‘Getting Effective, Affordable Whole Life Insurance’ has more detailed information on affordable whole life insurance offering interested individuals important tips on how to select the best possible insurance. Another new article titled ‘Getting a Whole Life Policy Without a Medical Exam’ elaborates for whom a whole life insurance no physical is suitable and what precautions to take when deciding on an insurance provider.

Whole life insurance quotes and other types of life insurance quotes can be availed via LifeInsuranceRates.com where after filing a simple online application, quotes are instantly provided.

About LifeInsuranceRates.com
LifeInsuranceRates.com is one of the leading websites to offer life insurance quotes from reputed life insurance providers in the country. Apart from their simple life insurance quotes comparison application, the website also act as a great resource for information on life insurance and its types which can help interested individuals make informed decisions when finally selecting an insurance provider.

For more information about Life Insurance Rates, or to schedule a meeting or interview with founders of lifeinsurancerates.com, please email to info@lifeinsurancerates.com.