What is whole life insurance?
What is whole life insurance?
i got something from gerber that said i can get a policy for my kids that builds cash value, and doubles at age 21, it says that well, if i did it now while they are babies, it would cost around 50 a month for a 35000 policy and that would be 70000 when they turn 21, do you know if that means that when they turn 21 they can take out the 70000 for college or a house or something, or whether it just means that if they die the 70000 would go to the beneficiary or both, i dont quite understand, it says that it builds cash value, but does that mean that it only builds the cash that you put into it? I really need to know because if they can have a nest egg of 70000 when they turn 21, it would be worth doing...
ANSWER: I might suggest you to visit this website where you can get rates from different companies
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What is whole life insurance?
i got something from gerber that said i can get a policy for my kids that builds cash value, and doubles at age 21, it says that well, if i did it now while they are babies, it would cost around 50 a month for a 35000 policy and that would be 70000 when they turn 21, do you know if that means that when they turn 21 they can take out the 70000 for college or a house or something, or whether it just means that if they die the 70000 would go to the beneficiary or both, i dont quite understand, it says that it builds cash value, but does that mean that it only builds the cash that you put into it? I really need to know because if they can have a nest egg of 70000 when they turn 21, it would be worth doing...
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What is whole life insurance?
i got something from gerber that said i can get a policy for my kids that builds cash value, and doubles at age 21, it says that well, if i did it now while they are babies, it would cost around 50 a month for a 35000 policy and that would be 70000 when they turn 21, do you know if that means that when they turn 21 they can take out the 70000 for college or a house or something, or whether it just means that if they die the 70000 would go to the beneficiary or both, i dont quite understand, it says that it builds cash value, but does that mean that it only builds the cash that you put into it? I really need to know because if they can have a nest egg of 70000 when they turn 21, it would be worth doing...
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What is whole life insurance?
i got something from gerber that said i can get a policy for my kids that builds cash value, and doubles at age 21, it says that well, if i did it now while they are babies, it would cost around 50 a month for a 35000 policy and that would be 70000 when they turn 21, do you know if that means that when they turn 21 they can take out the 70000 for college or a house or something, or whether it just means that if they die the 70000 would go to the beneficiary or both, i dont quite understand, it says that it builds cash value, but does that mean that it only builds the cash that you put into it? I really need to know because if they can have a nest egg of 70000 when they turn 21, it would be worth doing...
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What is whole life insurance?
i got something from gerber that said i can get a policy for my kids that builds cash value, and doubles at age 21, it says that well, if i did it now while they are babies, it would cost around 50 a month for a 35000 policy and that would be 70000 when they turn 21, do you know if that means that when they turn 21 they can take out the 70000 for college or a house or something, or whether it just means that if they die the 70000 would go to the beneficiary or both, i dont quite understand, it says that it builds cash value, but does that mean that it only builds the cash that you put into it? I really need to know because if they can have a nest egg of 70000 when they turn 21, it would be worth doing...
Final Expense Validation at Work
4 周Whole life is guranted to pay even after age 80 where as others may have a term