Life Insurance
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I have always wondered what is the difference between one type of life insurance and another.
Well, I have found out that term life insurance is not as expensive as some of the others. Most insurance is based on your age and general health. If you are wanting the type of insurance that can be borrowed against, then you need whole life insurance. It is quite a bit more expensive than regular term life insurance, and you need to meet more exacting standards with your health, and your habits.
If you do not smoke, the insurance rates are slightly more favorable for you than if you do smoke. Since it has been proven that smoking is dangerous to your health, that is only obvious.
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