Whole vs Term Insurance
Whole vs Term Insurance
Published on 23 May 2022
A short video to explain why we ask for verification of whole and not term insurance.
VE
Vanessa Espindola
Vanessa's Personal GalleryTranscript
- 00:01
- HELLO!
- 00:02
- HAVE YOU
- 00:02
- EVER WONDERED
- 00:07
- Why we ask for
- 00:08
- VERIFICATION OF
- 00:09
- WHOLE
- 00:10
- BUT NOT TERM
- 00:11
- LIFE INSURANCE
- 00:12
- TERM LIFE INSURANCE
- 00:14
- IS PAID TO THE BENEFICIARY ONLY UPON DEATH
- 00:15
- EXPIRES AFTER A SET PERIOD OF TIME
- 00:16
- PAYOUT COMES WITH NO STRINGS ATTACHED
- 00:21
- WHOLE LIFE INSURANCE
- 00:22
- PROVIDES LIFE-LONG PROTECTION
- 00:22
- PROVIDES DEATH BENEFITS AND
- 00:24
- ACCRUES A CASH VALUE
- 00:25
- THAT CAN BE WITHDRAWN
- 00:28
- The potential Withdrawal is why we ask for verification of Whole and not Term Insurance.