What is whole life insurance? A. It's permanent insurance protection from the day you were born until you die. B. It's permanent insurance protection that protects you for your whole life, from the day you buy it until you die. C. It's insurance protection for your whole family ...
Noun1.whole life insurance- insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured ordinary life insurance,straight life insurance ...
What is whole life insurance?A.It's permanent insurance protection from the day you were born until you die.B.It's permanent insurance protection that protects you for your whole life, from the day you buy it until you die.C.It's insurance protection for your whole family members.D.It'...
B 正确答案:B 解析:细节题。从原文第一段第一句话“Whole life is permanent insurance protection that protects you for your whole life,from the day you purchase the policy until you die.”可以得知,终身人寿保险期限是从你购买保险的那天开始直至死亡之目的。反馈...
But there's another factor to consider with whole life insurance:the cash and investment aspect. Some whole life insurance policies pay a dividend. You can also build up the dollar value of the policy and cash it out to use for other expenses, to pay off debt and morewhile you're still...
Whole life insurance is significantly more expensive, but never expires and comes with an investment-like cash value account that you can use when you’re alive. It can be a good option forhigh-net-worth individuals, people with lifelong dependents,or people withcomplex financial planning needs....
There are two main kinds of life insurance, offered in a variety of forms: Whole: This covers the entire lifetime (premiums may cost more). Term: This covers a set period of years until the policy expires. Whole: Whole life insurance is a common kind of cash value policy and often ...
Life assurance, also called whole of life insurance, is a type of life cover that lasts until you die, and pays out whenever that happens, provided you have paid your premiums. This means you don’t have to choose a period of time to be covered because you’ve got it for life and ...
Best Whole Life Insurance:Lafayette Life Cheapest Term Premiums:SBLI Best for Financial Strength, Best for Customer Satisfaction:Thrivent Best for Universal Life:Pacific Life Also Great for No-Medical-Exam Life Insurance:Symetra Also Great for Children’s Life Insurance:Protective Life ...
Whole life is a form ofpermanent life insurance, which differs from term insurance in two key ways: It never expires as long as you keep making your premium payments. It provides some cash value in addition to the death benefit, which can be a source of funds for future needs. ...