Why Buy a Whole Life Insurance Policy?
Whole life insurance provides a death benefit for the entire life of the policyholder, however, unlike most term life policies, it also has a savings component that accumulates cash value. This cash value can be accessed as a loan to pay expenses like an education or to supplement retirement income. Permanent or traditional life insurance policies are a whole life policy but not the only form of this type of insurance coverage. Several variations of another permanent life policy called universal life are also available.
The Benefits of a Whole Life Insurance Policy
Looking for a life long policy with a level premium, guaranteed benefit and cash value accumulation that is tax deferred? Then a whole life insurance policy is something to look into. The best whole life insurance information and companies can be found here.
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The Best Whole Life Insurance Policy Information Starts Right Here
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