What Is Whole Life Insurance? What Is Cash Value?

Andover MA

13 January, 2022

9:50 PM

Description

Life insurance is a contract between you and an insurance company that pays a designated beneficiary a death benefit when you die, as long as premiums have been paid according to the terms of the policy. It's called whole life because it provides lifetime coverage…as long as premiums are paid. Coverage under whole life policies lasts as long as you live – regardless of age or health at issue – so whole life may be a better choice than term insurance if your family might need protection for more than ten years.  What Is Whole Life Insurance? What Is Cash Value? What Is the Difference Between Term & Whole Life Insurance? Learn The Answers here: https://accesslifeinsurance.com/what-is-whole-life/ Ger FREE INSTANT QUOTE #wholelife #wholelifeinsurance #lifeinsurance #lifeinsurancequote