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 ...
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'...
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 ...
What can whole life insurance do for you? A. It only provides basic insurance protection. B. It provides Mortgage protection and Estate preservation. C. It offers Retirement funding, Charitable giving, Business needs. D. It not only offers basic insurance protection, but also provides Mortgage ...
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...
Term lifeinsurance is designed to last a certain number of years, then end. You choose the term when you take out the policy. Common terms are 10, 20, or 30 years. The best term life insurance policies balance affordability with long-term financial strength.1 ...
When it comes to life insurance and life assurance, the main difference is simply how long the cover lasts. This is important, as it’s about whether the insurer will pay out whenever you die, or only if you pass away during a specific window of time. There are a few other key distin...
What Is the Best Type of Life Insurance for a 69-Year-Old?
Whole life is the best-known type of permanent insurance, but there are others, including universal life, indexed universal life and variable life. Permanent life insurance policies build cash value as they age. When you pay your premiums, a portion is added to your policy's cash value, ...
When to Buy Life Insurance As mentioned, this insurance pays out the loved ones you leave behind. For example, if you included your children in the insurance, the plan could help cater to their living expenses or education once you pass away. However, there are no limitations to how the ...