Guaranteed Minimum Interest Rate Tax-Free Access to Funds via a Loan Types of Whole Life Insurance Guaranteed Issue For individuals with a terminal disease, they can buy a policy that is basically guaranteed acceptance. While these are technically whole life policies, they are 100% approval plays...
whole life insurance. you make one lump sum payment for your coverage. no additional premium payments are required throughout the life of the policy. joint life insurance. this policy covers two or more people, typically couples or even business partners. the death benefit can go to the ...