Life Insurance - The Basics

24 08 2007

By Randy

(Randy is a Certified Financial Planner with 20 years of experience as an investment banker and he will be contributing weekly to the Boulevard R blog)

I very frequently get asked about life insurance. There are few areas in financial planning both as important and as confusing as the subject of life insurance. While a thorough explanation of the various life insurance products available could fill a book, I’ll try to highlight the differences between two of the most common types, term and whole life, in more simple terms.

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