Hollywood, FL (18 Aug 2018): You have probably heard about whole life insurance: What are they? What differentiates it from a normal life insurance? What advantages does it have? If you have asked any of these questions, you will be interested in the information we have prepared for you in this article in which we will answer these and other questions about life insurance.

Life insurance is one of the most popular types of insurance in the category of people. In the case of whole life insurance, it is intended to provide the person designated as beneficiary with a capital with which to compensate for the loss of income due to the death of the insured or even provide the heirs with capital with which they can meet the costs of transferring assets. or guarantee the payment of debts or mortgages without having to resort to the rest of the inheritance that they may have received.

In this type of life insurance, the insurer is obliged to pay a capital on the death of the insured without taking into account the moment in which it occurs. The agreed Best Whole Life Insurance Quote for Texas may well be in the form of income or capital and although it has a high risk component, it also has a savings component.

Mypartinggift is one of best Senior Life Insurance provider In Texas. If you did not know this type of life insurance it is convenient that you know that it is a very popular insurance that many insurance companies offer so if you are finally thinking about acquiring one, we recommend that you study well the advantages and prices that can be offered to you. That in the end, the best product will be the one that can offer you the most advantages at the lowest price.

The features of Whole Life Insurance that make it so attractive

The main characteristic of Whole Life Insurance is that death coverage does not have a definite term, since this policy covers the death of the insured person regardless of when it occurs. No matter when it happens, the insurer is obliged to pay the insured capital to the beneficiaries at the time of the accident. In addition, the insured capital can be paid in the form of a life annuity or capital.

On the other hand, this form of Life Insurance offers several alternatives to make the payment of the premium, which facilitates its contracting. In addition, many Whole Life Insurance allow add additional guarantees that increase the insured's protection in cases of permanent and absolute disability. For all this, this insurance product offers interesting advantages that we will enumerate:

Benefit: As in any life insurance we can choose whether we want a single payment or a temporary or life annuity. In addition, they have a particularity with respect to the premiums: you can decide to pay a monthly payment during the whole life or to pay during a certain period but that the policy remains in force throughout the life of the policyholder.

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My Parting Gift is a Final Expense Insurance and Planning service brought to you by Advanced Senior Advisors LLC.

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​My Parting Gift
3389 Sheridan Street, Suite 259
Hollywood, FL 33021
[email protected]
800-382-9071