jeffery_scott76
Expert
- 36
Hi all,
I've come across two life insurance plans of late!
One speaks of obtaining the cash value benefit if I die before the maturity of the policy, or once on maturity & then again talks of crediting the same worth to my beneficiary when I die after maturity.
The other one speaks of obtaining the covered amount once if I die before maturity or else starts accumulating an interest on it after 5 years from the date of the commencement of the coverage. This interest they say would come to me in the form of a pension to be dispatched to me monthly, quarterly or yearly as per my choice!
Now, my query is -which one do you all feel would be a better option for my family (provided that I wear a blue-collar mantle & never been through any white-collar job)?
Regards,
Jeff
I've come across two life insurance plans of late!
One speaks of obtaining the cash value benefit if I die before the maturity of the policy, or once on maturity & then again talks of crediting the same worth to my beneficiary when I die after maturity.
The other one speaks of obtaining the covered amount once if I die before maturity or else starts accumulating an interest on it after 5 years from the date of the commencement of the coverage. This interest they say would come to me in the form of a pension to be dispatched to me monthly, quarterly or yearly as per my choice!
Now, my query is -which one do you all feel would be a better option for my family (provided that I wear a blue-collar mantle & never been through any white-collar job)?
Regards,
Jeff
