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12 Things You Should Know About Life Insurance

by Friend

Whole life insurance is life assurance that underwrites you for the entirety of your life, unlike term life insurance which simply covers you for a definite quantity of years. With a whole life insurance policy, your beneficiary will receive a death benefit. Whole life insurance policies also provides you the alternative of unchangeable premiums, which means you will pay the same premium as long as you faithfully keep up with payments. Your premiums may not increase!

Source: 12 Things You Should Know About Life Insurance