What is Whole Life Insurance and Where Can You Get the Best Rates?

If you’re in the market for both life insurance and a long term investment, a whole life policy might be the answer you’re looking for. What is whole life insurance? It’s life insurance that both protects your family and builds up a tax-deferred savings account.

Advantages of Whole Life Insurance

When you buy whole life policy, part of your premium pays for the policy and the rest is invested by your insurer. The advantages of this type of policy include:

* No expiration date. As long as you continue paying the premium, your family will be protected in case of your death.

* No premium increases as you get older.

* The longer you hold the policy, the more your cash value account grows.

* If you decide you no longer need your policy, you can cancel or surrender it and still receive the cash value you’ve built up.

* You can borrow against the cash value you’ve built up.

* You can earn dividends on your investment.

* Your cash value account grows tax-deferred.

Finding the Best Rate

You need to comparison shop to make sure you’re getting the best rates. To find a cheap rate go to an insurance comparison website and fill out a simple online application. This application will ask you questions such as how much insurance you want to buy and what your age and occupation are.

Once you submit the application you’ll begin to receive quotes from multiple A-rated companies. You can review those quotes at your leisure and choose the one that’s best for you.

If you have questions, the best insurance comparison websites have a chat feature so you can talk to insurance professionals online and get answers to any questions you may have (see link below).

Mobile Phone Comparison

When searching for a mobile phone contract it is vital that you shop around and do not sign up to the first deal that you “think” is this most suitable, it may be that some of the smaller mobile phone websites are offering better deals than the big mobile phone websites. Another benefit of shopping around on the internet for you mobile phone deal is that often the tariff supplier will offer a discount for an online application, this is due to the fact that they are not having to pay an advisor to process your sign up. Mobile comparison sites are also a great source of bargain handset deals, one huge benefit of these portals is that you can often find companies offering the same handset only one will add a free gift.

Anther great tip for securing the best mobile phone contract is the make a note of all best websites you visit, how often have you trawled the internet for products only to forget where you saw that first fantastic deal. Hitting the “add to favorites” button is both a time saver and money saver. The best mobile comparison sites will offer a search facility of some kind, this will enable you to pick a handset manufacturer such as Nokia or Apple and match it to the monthly pay plan of your choice. Also make sure the website you are using to compare your contracts uses a 24 hourly updated tariff system, many websites on the net used old handset data and are useless for obtaining the best deals.

The best comparison sites will offer the ability to compare a number of tariff providers and match them to your chosen phone, a site that offers just one contract provider will give you a very limited choice and the chances of obtaining that bargain will be slim. Searching by specific design is also another great asset of the comparison site, nowadays you can search for specific products such as Qwerty phones or wide screen phones which eliminates the models and mobile designs you are not interested in.

The best mobile comparison sites will also give you a list of the top selling mobile phones, this is superb for those non-techy customers who may not be up to date with the latest handsets and designs. Fast access to the best designs is a blessing and can greatly assist your search for the ultimate phone and package, also you will find that the better sites will have the added addition of text details for those who are looking for mix and match bundles. In general the longer the contract the better the deal on offer, by committing to a monthly pay plan the mobile companies will offer you more for your money and may even throw in some free texts.

Many mobile phone contracts will come with free handsets, if though you are searching for a top of the range design then it may be that you have to pay a slight surcharge. Usually those persons paying for the top phones the price will still be within a fair range, phone companies are getting more competitive as the years roll by and the bargains on offer are outstanding.