Blogger BlogNet97797

What are some of the pros and cons of whole life insurance vs. universal life insurance? How does one decide which type of policy to purchase? Read on to learn some of the basics of both types of coverage.

Whole life insurance and universal life insurance are both permanent types of life coverage instruments.

There are four basic parts to both universal and whole life. The mortality cost, which shows what part of your deposit covers the death benefit of the policy. The administration charges which include the premium taxes and costs incurred by the insurance company to manage your policy.

The savings and investment portion is the amount of money you have left to after the mortality costs and administration charges. This money is sometimes called the cash value, fund value, or cash surrender value.

The fourth part of a whole or universal insurance policy is called the return on the savings. This is the interest rate that is credited to the cash value of your policy every year.

A whole life policy is a permanent policy where the premiums are set at a fixed amount and never change until you have paid funded the policy in full. Also, the amount of the death benefit will not increase or decrease over the life of the policy.

One of the drawbacks to a whole life policy is that the insurance company does not have to disclose the mortality cost or the administrative costs to you. The savings or investment portion of a whole life insurance policy is determined by the excess interest, savings in the mortality cost, the operating expenses to maintain the policy, and you are at the mercy of the Board of Directors of the company who decide what they are willing to pay.

You also can't chose where the money in your cash value account is invested, and the insurance company may not disclose the rate of return to you either.

A universal life insurance policy has flexible premiums, an adjustable death benefit, and the cash value of a universal life insurance policy is interest sensitive, meaning if interest rates increase so will the value of your universal life insurance policy.

In addition, with a universal life insurance policy, the insurance company will disclose both the mortality costs and the administrative costs to you.

The premium levels and the death benefits can be adjusted by you if you choose to do so. With whole life both the premiums and death benefit are set in stone at the time you buy the policy, which could lead to higher returns.

With a universal life policy you can put any excess money into the policy which will increase the cash value of the policy immediately.

In conclusion, if you are more comfortable with a fixed premium and death benefits, then a whole life policy may be your best choice. However, if you want more flexibility and have the time to monitor your policy, then a universal life policy may be your best option.

Whichever type you may choose, always compare life insurance companies, their premiums, rate of return, and customer service. Don't feel pressured to buy a product that you feel may not meet your needs or wants. Shop around for an agent you can feel comfortable with and who is sensitive to your individual situation and life goals.

Get started comparing life insurance quotes now!

Horde players in the World of Warcraft often wonder how to get their level as high as possible, as quickly as possible. After all, other players seem to manage their Horde leveling quickly. Why is it you have to be stuck grinding for so long, while other Horde players shoot ahead? There are a few things that you can do and tips you can use to improve your leveling speed when playing Horde.

First, be sure to go to the capital Horde city, Orgrimmar, as soon as possible. From there, you can catch a zeppelin ride to Tirisfal Glades. Once there, look for Brill, an undead town, where you will be able to find fairly easy quests that will deliver a reasonable amount of experience. This is the best and fastest way to reach Level 10. Also, accept that at some point or other, you will have to spend a lot of time in the Barrens. This is perhaps a boring aspect of leveling a Horde character, but it is inevitable.

Secondly, don't be tempted to just grind. Remember that working on Horde quests suited to your level is more efficient. If you manage to do some questing with your grinding, you'll level up faster. Good Horde Leveling Guides always teach you how to level using a 90% quest, 10% grind strategy. To make questing more efficient, queue them up in a given Horde area. This lets you complete all the quests in one area without having to run back and forth turning them in.

Remember to use your hearthstone. Binding it to an inn in a nearby Horde town while you're questing or when you're taking a break from the grind can help you to save time. Also, try and group with other Horde players for quest completion. You will be able to complete much harder quests in a much faster time. It's inefficient to compete against other Horde players for quest completion the World of Warcraft Quest system was designed for cooperation. Furthermore, logging off in a Horde inn will ensure you gain the maximum amount of rested XP possible.

Consider a utility to help you track your hourly experience gains. This will help you see whether or not your grinding and questing strategy is efficient and effective.

Try to avoid running too many instances. While instances have excellent gear, they are often a real time sink. You could be leveling up your Horde character instead of waiting for the rest of your party to show up. Make it a habit to run instances only if you really need the rewards that come from them.

Another factor where a lot of time gets eaten up is travel. If you want to level fast, turn in quests in the general location of where you're grinding. If it's too far away, just wait until later. Try to turn in multiple Horde quests at the same time so you aren't running back and forth across the continent or different Horde zones all the time.

Lastly, consider the advantages of using a Horde Leveling Guide. You see them advertised all the time, and you should be warned that the majority of them are scams. However, there are a few diamonds among the dirt. Most of the Horde players you see leveling fast are using a Horde Leveling Guide. While there are some free Horde Leveling Guides available online, like everything free, you only get what you pay for. A Horde Leveling Guide can ensure you are on smart strategy and can really help you out if you want to level your Horde character fast.

Learn more about the best and fastest ways to level your Horde character, as well as more on the Top World of Warcraft Horde Leveling Guides available online at http://www.thewowauthority.com

Jon Diz is an avid Warcraft fan and hardcore WoW gamer. He recently discovered that an overwhelming majority of World of Warcraft guides on the internet are scams, and thus created a website, The WoW Authority, to ensure that fellow World of Warcraft players never get cheated again by useless or fraud guides. Find out more about his detailed reviews and top recommendations on World of Warcraft Gold and Leveling Guides at http://www.thewowauthority.com