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Insurance facts, terms, people, websites, history, and events in a calendar. Each day of the calendar year contains an interesting reference devoted to the Insurance industry.  Practical, informative and entertaining.

Insurance

December 16, 2017
PrintedOwl.com
Whole life insurance is generally used when the need for life insurance is lifelong, or permanent. Whole life has a built-in savings element since you pay premiums and build up a cash value through the life of the policy. Premiums for whole life are initially higher than term insurance, but are smaller than the premiums you would pay if you were to keep renewing a term life insurance policy.
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