Whole Life Insurance

What is whole life insurance?A whole life insurance policy covers you for all your life, not only for a specified period, such as term life insurance. Your death benefit and premium in most cases, will remain the same. Whole life insurance also builds cash value, which is a return of a portion of your premiums that the company invests. Your cash value is tax deferred until you withdraw it, and you can borrow against it.Are there choices within whole life insurance?Yes, the most common options

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