Universal life (UL) insurance is a type ofpermanent life insurancethat, like other permanent insurance, has acash valueelement and offers lifetime coverage as long as you pay yourpremiums. Unlike whole life insurance, universal life allows you to raise or lower your premiums within certain limits...
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 ...
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...
Universal life insurance is a type of long-term insurance. It provides lifetime protection and tends to be the most flexible option when it comes to life insurance. All universal life insurance policies have acash value portion(sort of like a built-in savings account), which earns interest an...
As with universal life insurance, IUL policies have adjustable premiums. You can underpay or skip premiums, plus you may be able to adjust your death benefit. What makes IUL different is the way the cash value is invested. When you take out an indexed universal life insurance policy, the...
You'll want a life insurance provider that’s financially strong so you'll know your cash value is safe and your beneficiaries will receive a payout when you die. In most cases, you can find financial strength ratings for life insurance companies from AM Best or S&P Global Ratings, but yo...
Whole life insurance is a policy that lasts as long as you pay the fixed premium. Part of your monthly payments go into a savings account, which you can borrow against. In the short-term, whole life insurance can be more expensive than term life policies. ...
IUL vs. Whole Life Deciding which type of permanent life insurance policy is best will depend on the policyholder’s long-term retirement goals. A whole life insurance policy is best for those who want guaranteed benefits with fixed premiums and a stable rate of return. Whole life is generally...
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 ...