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  2. Annuities vs. life insurance: What’s the difference? - AOL

    www.aol.com/finance/annuities-vs-life-insurance...

    Universal life insurance: Universal life insurance offers flexible premiums and death benefits, meaning that policyholders may adjust these amounts at some points in the policy’s life. Variable ...

  3. Types of life insurance - AOL

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

    There are more types of permanent insurance than there are term policies. The main types of permanent life insurance are: Whole life insurance. Universal life insurance. Equity Indexed Universal ...

  4. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal ...

  5. Switching your life insurance: Here’s what to consider - AOL

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

    Consider changing the policy first. You may be able to save time and money by amending or adding to your current policy instead of replacing it. In order to keep you as a policyholder, your ...

  6. Whole life insurance - Wikipedia

    en.wikipedia.org/wiki/Whole_life_insurance

    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]

  7. Term life insurance - Wikipedia

    en.wikipedia.org/wiki/Term_life_insurance

    Term life insurance may be chosen in favor of permanent life insurance because term insurance is usually much less expensive [1] (depending on the length of the term), even if the applicant is higher risk, such as being an everyday smoker. For example, an individual might choose to obtain a policy whose term expires near his or her retirement ...

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