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Are you sure you’ve calculated the right amount of life insurance to fully protect your family’s financial future?
One of the unique features of cash value life insurance is the ability to borrow against the policy’s cash value. These loans don’t require credit checks, and they come with flexible repayment ...
Cash value with a purpose: Whole life insurance builds cash value over time, giving you a financial cushion. Need to cover an emergency, fund a big expense or even boost your retirement income?
Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. [1]
The determination of the cash value, both the base amount and the applicable surrender charge, in the contract can be explicit by determining the value for each surrender date (guaranteed cash values), by referring to the value of specific investments or subject to the discretion of the insurance company, which is often executed to bring cash values in line with values of the investments of ...
Universal life insurance is a permanent policy that provides permanent coverage and builds cash value. Like whole life insurance, it offers both a death benefit and a cash value component based on ...
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