Beautiful Whole Life Or Universal Life Insurance Background

Beautiful Whole Life Or Universal Life Insurance
Background. Indexed universal life insurance pays interest based on the movement of stock indexes. Whole life insurance covers you for the rest of your life, regardless of how long you may live.

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Whole life insurance is one of the four main types of permanent life insurance. You finally decided that permanent cash value life insurance was the right product for you. Are you getting whole life or universal life?.

Riders are a way of adding extra coverage or features, usually at extra cost.

Whole life insurance on the other hand is what is referred to as permanent life insurance. However, a well priced traditional whole life policy that is not universal, is a solid, polular choice for many reasons. As long as you keep paying the premiums, your universal life insurance is also called adjustable life insurance because of the flexibility it offers. This is the most common permanent life insurance coverage, with many consumers enjoying the.