The answer to this question is not simple and depends a lot on your personal circumstances and priorities.
The type of life insurance policy depends on you priorities and your premium budget. If you have a lot of money to spend on your life insurance and it is important to you that you leave a lump sum to your [...]
When choosing different types of life insurance there are two main categories to consider:
1. Term life insurance. This type of life insurance covers the insured person against death during a specified period (or term). The policy will only pay out for death (or for some policies terminal illness) within the insured term.
2. Whole of life (whole life) [...]
Whole life insurance premiums are always much higher than those for term life insurance. Why is this? Read on to get whole life insurance explained….
When the life insurance industry started out all policies were on the term life basis (the insurance only pays out if the insured dies whin the agreed term). This led to [...]
