Results 1 to 4 of 4

Thread: Term Whole of Life

  1. #1
    NewBie
    Join Date
    Jan 2019
    Location
    CHicago
    Posts
    1

    Default Term Whole of Life

    Is there any reason why there are no term whole of life products in the market?

    What I mean is whole of life products that:

    - Cover to age 99 or 100
    - Do not pay cash value on surrender
    - Do not pay a benefit on maturity.

    Thanks for any help.

    Ben



  2. #2
    NewBie
    Join Date
    Aug 2019
    Location
    Gurgaon
    Posts
    1

    Default

    I was going through a website called Paisabazaar.com/life-insurance and came to know that Actually there are add-ons or riders available in Term life as well as whole life insurance wherein one can avail benefits of one on the other insurance. Like If one has purchased term life insurance and want to increase the term or want to avail benefits of whole life insurance can opt for rider providing benefit by giving some extra amount of money and vice-versa for whole life insurance.

  3. #3
    NewBie
    Join Date
    Aug 2019
    Location
    uk
    Posts
    12

    Default

    Hi I have read your post on whole of life products.so here I would like to give some information that whole of life insurance is a policy are one of these schemes that are almost like an investment. with this whole of life insurance policy you will have to pay the premiums as long as you last and the policy pays a lump some amount to your dependents on successful claim after death.
    1)An assured life long protection unless the policy is cancelled
    2)A lump sum pay out will be there after the death of insured person

  4. #4
    NewBie
    Join Date
    Jul 2019
    Location
    Singapore
    Posts
    10

    Default

    Quote Originally Posted by jhonpaul View Post
    Hi I have read your post on whole of life products.so here I would like to give some information that whole of life insurance is a policy are one of these schemes that are almost like an investment. with this whole of life insurance policy you will have to pay the premiums as long as you last and the policy pays a lump some amount to your dependents on successful claim after death.
    1)An assured life long protection unless the policy is cancelled
    2)A lump sum pay out will be there after the death of insured person
    Thanks for the info


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •