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Term Life Vs Whole Life - Why Term Life Always Wins
Video about term life insurance and whole life insurance:
Alternatively, you could purchase a whole life policy that will not only pay that policy face value if you should die before your children are through college, but would accrue a cash value that would provide additional benefits to your family or a growing fund of emergency money. Term Life Insurance vs. Because most term life insurance policies expire before paying a death benefit, the overall risk to the insurer is lower than that of a permanent life policy. Which is Better? Whole life insurance — Pros and Cons Pros Cons Protects you for life A whole life insurance lasts for as long as the premiums are paid. They are also well-suited for people who temporarily need specific amounts of life insurance.
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