If you are interested in buying life insurance, you will inevitably compare term vs. whole life insurance. This is because all life insurance policies are either term or permanent (whole) coverage. Both term life and whole life insurance have their pros and cons, and there are several important differences between them that might make one better for you and your family.
Smokers tend to believe that they cannot buy life insurance, or that any coverage available to them will not be affordable. However, the idea that smokers can’t get cheap life insurance is a myth. While it is true that, on average, smokers pay more for term life insurance – about four times more than nonsmokers – almost every lifestyle choice, budget, age, and health condition has its policy. The trick is finding the best coverage, insurance company, and quotes.
Diabetes is one of the leading health concerns in the United States. According to the Centers for Disease Control (CDC), 25.8 million children and adults, or approximately 8.3% of the U.S. population, had diabetes as of 2011. Of those Americans, 18.8 million have actually been diagnosed, and an estimated 7.0 million people have yet to be formally diagnosed by a physician. In fact, 1.9 million individuals aged 20 years or older were newly diagnosed in 2010, and that number is expected to remain fairly consistent through the years.