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Don’t waste your money on whole life insurance. Term life insurance is the way to go. With a term life insurance policy, you’ll get more coverage for a much lower price. Using your insurance as an investment makes no sense—especially when there are better investment options out there. You can easily get more for your money by learning to invest properly. #wholelifeinsurance #termlifeinsurance #lifeinsurance #investingforbeginners #investing101
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A low interest rate does not protect your family if the payment becomes unaffordable after one spouse passes away. One of my clients is now being forced to sell the home she shared with her husband because they qualified together, and after he passed, the payment became too much to carry alone. This is exactly why I tell homeowners to think beyond just the monthly payment and start thinking about protection. Sometimes a simple term life insurance policy can be the difference between keeping the
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