{"id":299,"date":"2017-08-22T02:00:00","date_gmt":"2017-08-22T14:00:00","guid":{"rendered":"http:\/\/www.crosscreekinsurance.com\/blog\/?p=299"},"modified":"2017-07-29T19:29:55","modified_gmt":"2017-07-30T01:29:55","slug":"the-differences-between-whole-and-term-life-insurance","status":"publish","type":"post","link":"https:\/\/www.crosscreekinsurance.com\/blog\/the-differences-between-whole-and-term-life-insurance\/","title":{"rendered":"The Differences Between Whole and Term Life Insurance"},"content":{"rendered":"<p>When it comes to life insurance, there are many different types of policies available for you to choose from. At the very basic level, there are two different categories that life insurance can fall under: whole and term life. Before you purchase a life insurance policy in Hope Hills,&nbsp;NC&nbsp;it is important to know the difference between the two from Cross Creek Insurance so you can make the right decision.&nbsp;<\/p>\n<p><strong>Whole Life Insurance<\/strong><\/p>\n<p>Whole life insurance is designed to last for your entire life. You can sign up for a policy that you will pay for over a set number of years and then you will cease payments. However, this life insurance is designed to stay with you until you die and is better suited for people who are looking at more of a long term goal. Some policies even have a cash value associated with them and you can earn money on the policy over time. This policy tends to be more expensive.<\/p>\n<p><strong>Term Life Insurance<\/strong><\/p>\n<p>Term life insurance is designed to only last until a certain age. However, one of the benefits of this type of insurance policy is that it is less expensive. Since it does not last for life though, it is more of a short term policy that will expire when you stop making payments or until you reach a certain age. These policies also do not have a cash value associated with them in the majority of cases.&nbsp;<\/p>\n<p>Now that you know the difference between whole and term life insurance, you can better decide which is the better option for your current situation. If you are interested in learning more about your options and getting a quote to fit within your budget, be sure to contact Cross Creek Insurance serving Hope Hills, NC today.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When it comes to life insurance, there are many different types of policies available for you to choose from. At the very basic level, there are two different categories that life insurance can fall under: whole and term life. Before you purchase a life insurance policy in Hope Hills,&nbsp;NC&nbsp;it is important to know the difference [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[145,146],"class_list":["post-299","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-cross-creek-insurance","tag-hope-hills-nc"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"When it comes to life insurance, there are many different types of policies available for you to choose from. At the very basic level, there are two different categories that life insurance can fall under: whole and term life. 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