July 29th, 2008

Term Life vs Traditional Whole Life

by Karen

When buying insurance, many people often go for traditional whole life plans only. I’ve come across clients who have as many as 4 whole life plans and still undercovered! This, to me, is rather ridiculous. In planning, I will recommend only 1 whole life and the rest of the protection is taken care of by term plans including Disability Income plan and a comprehensive medical plan.
(more…)