what is interest sensitive whole life insurance?

A modified whole-life policy is something that most people don't need. Traditional whole-life insurance policies can be more expensive and complicated than you need. A modified whole life policy will give you:

Modified premium whole life, also known as modified premium whole life, is a policy that offers low introductory premiums. The premium is not subject to an increase after the introductory period. However, it remains the same during the Policy'sPolicy's life. Modified premium policies allow you to receive a higher death benefit faster than usual.

As with all things in life, there are pros and pitfalls.

Why is that so?

We'll explain how these plans work, show you actual prices, and help you understand if this type of Policy is right for you.

A "captive agent" is someone who can only sell you one company. What if the company you are working with doesn't like your health?

If you have diabetes, your pocketbook and family won't appreciate XYZ company because they'll deny you or, at minimum, charge you much more than ABC company.

If a company gives 10% interest and you make $1000 in payments, you'll get $1100 back (except if you die during the waiting period).

Premiums that have increased are usually stable throughout the Policy's term. The premiums are usually only increased once.