WHOLE LIFE/PERMANENT INSURANCE

WHOLE LIFE/PERMANENT INSURANCE

WHOLE LIFE or PERMANENT life insurance differs from Term life insurance in mainly a couple ways.....the premium stays the same and there is a death benefit.It differs in that the AMOUNT of the death benefit USUALLY increases from year to year, the premium is paid for MUCH longer than a Term policy - often as many as 80 years, and the policy will usually have a cash value/savings account element inside of it.

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