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Whole
Life Insurance
The
most common type of Whole Life Insurance is straight life
- you pay premiums for your whole life and the death benefits
remain payable for your whole life.
These
policies guarantee the level of premium you pay regardless
of age or health, the death benefit and the growing cash values
within the policy.
The
one feature not guaranteed is the policy dividends.
- Coverage
for life
- Guaranteed
premiums, usually remain level
- Guaranteed
death benefit
- Guaranteed
cash value component
- Dividends
payable on participating policies
Other
options
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