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Whole life Annuity-life insurance?

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Whole life insurance is a product that provides a death benefit, along with a feature that allows you to build up cash value. I am not exactly sure what you mean by Annuity Life Insurance, but typically speaking annuities are a type of insurance product that are geared primarily to build up investment value and then take out a guaranteed stream of income as a result.

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What is whole life insurance?

Whole life insurance gives you lifetime coverage at a premium rate that does not increase with your age after you buy. In the early years of the policy, when you're a low risk

What is graded whole life insurance?

  It is a cash value policy with a death benefit that gradually increases to the full death benefit over time usually a period of 3 years. This type of policy is offered t

Whole life insurance?

It is Life insurance that will last your entire life. The premiums are paid for life, or a period of time such as 20 years, age 65 or age 100. It builds a cash or surrender va

Can you cash whole life insurance in?

  You can but make sure it is the correct thing to do. Once cashed it you can never get it back. Depending on your age (over 45) and the policy value, you may get more mon

What is whole life insurence?

  Whole life insurance is a life insurance policy thast remains in full force and effect for the life of the insured, with premium payments being made for the same period.

What is the difference between annuity life and whole life insurance?

1. annuity is paid till a person passes away whereas life insurance is paid after a person passes away to the beneficiaries 2. annuity is paid as periodic installments where

How much is whole life insurance?

Whole life insurance varies in cost just like term insurance. The additional factor that goes into whole life's cost is that there is cash accumulation and it the extra money

Why is whole life insurance not the best insurance to have?

Whole life insurance is not necessarily bad but it may not be right for you as it can be substantially more expensive than a term insurance. If you need life insurance but don

Is whole life insurance a security?

Whole Life insurance is not a security. Because there is a guaranteed cash value during any year the policy is in force there is no risk of loss of principle (unlike a securit

Is whole life insurance recommended?

No. Term life is your most economical type of life insurance. The salesman will tell you about the cash value of the whole life policy, but the rate of return is terribly low.

What is term and whole life insurance?

Term insurance is written for a specific period of time or until an age certain (the term). It may be for 1 year, 5 years, 10 years or it may be until age 60, 65, 70, etc. At

What is a whole life insurance policy?

A whole life insurance is also referred to as "permanent insurance". Unlike term insurance, which stays in effect for a stated period of years, whole life, based upon the accu

What are the advantages of whole life insurance?

Life insurance is secure our life.It support to live without loved ones. For more information about life insurance plans visit aegonreligare.com. The main advantage of whole

What is whole life insurance comparison for?

The comparison of life insurance is a method of showing a possible consumer how the company provides the "most" benefits for the family. Since statistics are capable of being

What is a whole life insurance product?

A whole life insurance product is life insurance policy that lasts for the entire lifespan of the individual under the policy. New York Life and Mass Mutual are two popular co