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  2. Life Insurance: How to Choose The Best Option for You ... - AOL

    www.aol.com/life-insurance-choose-best-option...

    Life insurance payments can be used for almost anything—but are typically designed to help you cover end-of-life expenses and financial obligations should you pass away. Here are a few common ...

  3. Credit life insurance - AOL

    www.aol.com/finance/credit-life-insurance...

    Alternatives to credit life insurance. ... Should you end up needing to use those funds for other purposes, your estate could still end up responsible for the remaining loan balance. Success with ...

  4. 7 Times You Can Get Life Insurance With No-Exam Policies

    www.aol.com/lifestyle/7-times-life-insurance-no...

    Policy type: Term life insurance from a provider like Ladder is more commonly available without an exam than permanent life insurance policies. Occupation : Some low-risk occupations may be more ...

  5. Universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Universal_life_insurance

    An alternative to long-term care insurance, where new policies have accelerated benefits for Long Term Care; Mortgage acceleration, where an over-funded UL policy is either surrendered or borrowed against to pay off a home mortgage; Life insurance retirement plan, or Roth IRA alternative. Traditional IRA and 401(k) contributions get an income ...

  6. Variable universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Variable_universal_life...

    Variable universal life insurance (often shortened to VUL) is a type of life insurance that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to use is entirely up to the contract owner.

  7. Whole life insurance - Wikipedia

    en.wikipedia.org/wiki/Whole_life_insurance

    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]

  8. What is cash value life insurance? - AOL

    www.aol.com/finance/cash-value-life-insurance...

    For whole life insurance, this is typically done through a loan against your cash value, meaning interest will apply, and the amount borrowed reduces the death benefit if not repaid. You can also ...

  9. Return of premium life insurance - Wikipedia

    en.wikipedia.org/wiki/Return_of_premium_life...

    Return of premium (ROP) life insurance is a type of term life insurance policy that returns a portion of the cumulative premiums paid if the insured outlives the policy's term. [1] For example, a $1,000,000 policy bought for $10,000 a year over a 30-year period would result in $300,000 being refunded to the surviving policyholder at the end of ...

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