Term Life Insurance
July 27th, 2010
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Is it better to have term life Insurance or whole life Insurance?
I am 26 years old and just had a baby and want to know which Insurance is better whole or term.
How do I determine how much to get?
Who besides my daughter if anyone should be the beneficiary? Note: Her father and I aren’t married but I was considering leaving him a percentage so that he could have extra $ to provide for or daughter if neccessary – Is this a good idea?
Never buy a whole life policy. Here is a good article explaining why:
http://lifeinsurancenow.com/how-to-buy-life-Insurance/never-buy-a-whole-life-Insurance-policy/
Term will be your best value. You can get the best quote here:
https://www.expert-quotes.net/term_life_insurance/lin.htm