What are the disadvantages of whole life insurance? The Disadvantages - These include your age, whether you smoke, the length of a term policy, the amount of insurance, and your health. But the cost of whole life insurance can easily exceed a term policy with the same death benefit by thousands of dollars a year, Life Insurance Guide, Insurance
What is not covered in life insurance? Exclusions are situations in which the insurer will not pay out benefits. ... This means if you die racing a car, your be... more
