Who sells the "best whole life insurance"? The answer to that question is it depends. Which insurance policy is best depends on what your individual needs and desires. There are a number of factors to consider such as the insurance company's ratings, if the policy is participating the dividend history, policy design and more.
An independent life insurance broker can help you find the plan that is right for you.
If you have any further questions or if you feel I could be of assistance, please do not hesitate to contact me.
Agent Owner, Gilmore Insurance Services, Marysville, Washington State
Who sells the best whole life insurance? Well in my many years as both a captive and independent I can answer truthfully, a lot of companies. The best thing about life insurance is that there are many companies that occupy that top of the table where best could apply to any of them.
You may see from time to time, advertisements from companies showing they're best for 250k coverage. What they put in small print would be male age 35 best possible class. Why? because they may not be best for females age 30 standard plus class. The best place to be company wise will simply depend on who you are, how your health is, how much coverage you buy and do you smoke? Your answers may make the best company be entirely different than somebody else like your spouse for example.
That is a really good question! Every insurance company will try to sell you on the fact that they are the "best". The truth is that there is often not a lot that separates one policy from the other, especially when it comes to straight term policies. So what makes one company "better" than the next? There are companies that underwrite differently, and if you have an issue, then the one that writes best for your issue is "best". Or if you like the occasional cigar, but otherwise don't smoke, then a company that doesn't count that cigar as smoking is "best". A good independent agent can help find the company that can best suit you. Thanks for asking!
Like mentioned above there is a lot of different factor they will base the price of the policy. You should contact multiple Life agents and companies for quotes base the amount of coverage your looking for. You should also consider your Automobile policy if you have one as they would be able to give you a Multi-policy discount that could in some cases be lower. Check the companies Am Best Rating for their financial strength. You don't a cheap policy from a company that a bad rating and bad claims history. Thank you and good luck.
Owner/ Partner, Bynum Insurance Agency, Inc, Clayton, GA
The company that can deliver the check to your beneficiaries at the time of your death. As a matter of fact, your beneficiaries will not care if the claims check is from whole, term or universal life. The checks will be identical.
Regional Marketing Director, Capital Choice Financial Group,
It is hard to answer this question because I never recommend whole life insurance to my clients. Whole life insurance very expensive and will never cover the entire financial needs of the client. All whole life/cash value life insurance works in the same way and are only differentiated by the actual premium that a client will pay. The premium paid is divided between the life insurance and the cash accumulation account. Each policy determines the amount going into the cash values differently so, a client usually doesn't pick a policy by this alone. The bottom line and hard answer to this question is no company has the best whole life policy. Buying term life insurance and investing the difference is the best way to full protection of income and paying off debt in case of premature death.
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An independent life insurance broker can help you find the plan that is right for you.
If you have any further questions or if you feel I could be of assistance, please do not hesitate to contact me.
You may see from time to time, advertisements from companies showing they're best for 250k coverage. What they put in small print would be male age 35 best possible class. Why? because they may not be best for females age 30 standard plus class. The best place to be company wise will simply depend on who you are, how your health is, how much coverage you buy and do you smoke? Your answers may make the best company be entirely different than somebody else like your spouse for example.