Benefits of Final Expense Insurance
Term Life Vs. Whole Life Insurance.
||Term Life Insurance
||Whole Life Insurance
|What is it?
||“Renting” your coverage
||“Owning” your coverage
||10,15,20,25 or 30-year term
||Your whole life
||Plans start at less than $20/month
||None. If you miss a payment, your policy will terminate.
||More flexibility given the cash value component of your policy.
|Return of Premium Rider
||Yes, an option
||No, not an option
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