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Whole Life Insurance

Features

Whole life Insurance helps the insured with the ability to build substantial funds as regular premium payments cover insurance costs. These payments add to equity growth savings account. Interest can build up considerably in this account, ax-deferred. So whole life insurance shields an insured for the rest of his life.

 

Whole life insurance provides funds for insureds in different situations.

The situations comprise the need to:

  • ¬†furnish dependent family member with cash after the demise of the head of a household;
  • liquidate business debts plus take care of mortgages;
  • provide family with funds to pay down debts;
  • fund solicitations from charities;
  • ensure the availability of cash to surviving family members.