The pros and cons of Permanent and Term Life Insurance have been debated extensively. Term life insurance premiums are cheaper, but have no cash value attached. On the other hand permanent life insurance premiums are higher because the insurance company invests a part of the premiums so that beneficiaries receive a cash value when the policy ends. Many financial experts advocate buying term life insurance and investing the extra premium that you would have paid for a permanent life insurance policy. The idea is to
Continue reading: Should you Buy Term Life Insurance and Invest the rest?
