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Does whole life insurance cost more than term life insurance?

April 26, 2017COST Life Insurance term life insurance

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Does whole life insurance cost more than term life insurance?

1 Answer

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In the beginning whole life insurance premiums will be higher, but if you plan to keep your life insurance policy for life you will pay less overall for a whole life insurance policy than you would for term life insurance policies that you would need to continuously renew as you grew older.