Finances FYI
Straight-forward tips and best practices to help improve your finances.
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Whole vs. Term Life Insurance: Which Is the Right Choice for You?
Photo: Michal Bednarek via 123RF According to a recent LIMRA and LIFE Foundation study, more than 50 percent of American respondents overestimated life insurance costs by three times or more than the actual amount. Most policies average between $40 and $55 a month, depending on the coverage type. This discrepancy in cost expectation can lead to putting off coverage or…