Frequently Asked Questions
Find the most frequently asked questions below:
01What is a whole of life insurance policy?
Whole life insurance, or whole of life assurance (in the commonwealth of nations), sometimes called "straight life" or "ordinary life," is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date.
02How much is a term life insurance policy?
Again, the average costs will differ when any of these variables change. For example, a 35 year-old female nonsmoker would pay an average of $61 per month for $1,000,000 worth of life insurance with a 20-year term, and $23.90 per month for $250,000 worth of life insurance with a 20-year term.