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Whole life insurance is one of the most popular life insurance policies available. Whole life insurance is a permanent life plan that provides coverage throughout your entire life. In order to receive an insurance quote, you’ll need to provide certain details about yourself.
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With whole life insurance, a portion of your premium pays for the cost of insurance and the rest goes into a savings/investment account (managed by the insurer) where you can grow your guaranteed cash value. Life auto home health business renter disability commercial auto long term care annuity. Here are some features of graded whole life: Simple coverage for life simplified whole life insurance coverage lasts to age 121, provided you continue to pay sufficient premiums.