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Whole life insurance varies from term life insurance because it is valid for the insured's entire life instead of just for a specified amount of time. Whole life insurance typically has premiums due each year.

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โˆ™ 2013-07-31 10:04:00
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Q: How can one define whole life insurance?
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Related questions

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

The key difference between life insurance and whole life insurance is that regular life insurance carries a fixed term while whole life insurance covers one's entire lifetime. Whole life insurance also accumulates a cash value that one can borrow money against.


Where can one compare term life insurance versus whole life insurance?

There are many places where one can compare term life insurance versus whole life insurance. One can compare term life insurance versus whole life insurance at popular on the web sources such as Wealth Pilgrim and MSN Money.


Where can one get whole life insurance?

New York Life if one reputable company which offers whole life insurance. You can apply and receive quotes for whole life insurance policies online or by contacting a representative.


Where can one find an explanation of whole life insurance?

One can find an explanation of whole life insurance at virtually any life insurance company's website or at their company's location. Examples of whole life insurance companies are MetLife, Geico, and Farmers.


Where can someone get term or whole life insurance?

One can get term or whole life insurance through various insurance agencies. Some insurance companies that provide term or whole life insurance include MetLife, AAA, and State Farm.


How can one obtain premium whole life insurance?

One can obtain premium whole life insurance through their current insurance company. Several companies such as TD Insurance and BMO Insurance, offer great rates.


Where can someone go where whole life insurance is explained?

One of the best companies to approach to have whole life Insurance explained is Swinton Insurance. They have offices in many locations and are experts in all aspects of whole life Insurance. Alternatively you could contact Sainsburys or Tesco's who both deal in whole life insurance.


Where can one purchase whole life insurance?

Usually insurance companies, building societies and banks are the most popular places to purchase whole life insurance. In addition to insurance brokers.


what are the advantages of long term life insurance vs whole life insurance?

The basic difference between long term life insurance and whole life insurance is that a term policy is life coverage only and this is also considered an advantage. One can buy a long term life insurance for periods of one year to 30 years, whereas whole life insurance is a combination of a term policy with an investment component.


Where can one find a whole life insurance calculator?

One can find a whole life insurance calculator online at various websites. Some of those websites are Bank Rate, Met Life, Aviva, Term-Life Insurance and Daily Finance.


What is whole life insurance used for?

A whole life insurance is often a highly priced (based on the buyers age) insurance which requires a one time payment, but will remain active for the buyers 'whole life'. This is profitable for the company if the person passes away early.


Where can one purchase a child's whole life insurance policy?

One of the most popular, and cheapest places to purchase a child's whole life insurance policy is from Gerber Life. Gerber has been in business since 1967 and is one of the top direct-response insurance companies.

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