Personal Finance/ Whole Life vs. Decreasing Term Insurance Policies

Abstract: 12 pages in length. A good discussion of Life Insurance, particularly Whole Life Insurance,-- and some of the problems associated with its sale. The writer discusses how many Insurance Agents have been known to "con" or mislead their customers into buying Whole Life policies. An excellent presentation is made as to the problems of having such a policy with regard to its cost-related headaches and associated financial difficulties. An argument is made in favor of Decreasing Term policies as an alternative and the writer recommends comparing the return on the investment portion of any Whole Life policy to a Decreasing Term policy. Bibliography lists 9 sources.

---

Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

---