A unique characteristic of whole life insurance is that it provides lifetime coverage as long as you pay your premiums.
This is different, compared to a term life insurance policy which provides coverage for a set number of years, usually for 10, 15, 20 or 30 years, or until you reach age 65 or 70.
Whole life insurance usually provides premiums that remain the same each year, and you may build cash value inside your policy over time, from which you may be able to take a loan.
Learn more about whole life insurance and how it works, and compare whole life insurance quotes and plans from leading carriers.
This is different, compared to a term life insurance policy which provides coverage for a set number of years, usually for 10, 15, 20 or 30 years, or until you reach age 65 or 70.
Whole life insurance usually provides premiums that remain the same each year, and you may build cash value inside your policy over time, from which you may be able to take a loan.
Learn more about whole life insurance and how it works, and compare whole life insurance quotes and plans from leading carriers.
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