Is there any way around the cancellation fee for whole life insurance?

March 20th, 2010

I have around $4,000 dollars in my whole life insurance policy. A year or so ago, I decided that this type of “investment” is not for me so I stopped funding it.

When trying to “cash out” of this policy I discovered that there is a $5,000 surrender fee, which would leave me with nothing.

Does anyone know of a way around this, or at least a way to contest it?

Whole Life Insurance – Explanation

March 19th, 2010


An explanation of Whole Life Insurance and Universal Life Insurance

What is the best company to buy whole life insurance?

March 19th, 2010

I’m 26 with 2 kids and would like to get whole life insurance started. Where is the best company to get whole life insurance from?