
Whole Life vs. Term Life.
What’s the difference?
Whole Life Insurance
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Protection for your entire lifetime, or up to age 100
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Premiums usually start higher
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Plan builds up cash value that can be used to supplement retirement years
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Cost per dollar of sum assured is higher
Term Life Insurance
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Protection for a fixed time period
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Premiums usually start lower but may increase with age upon renewal
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Plan has no cash value
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Cost per dollar of sum assured is lower
Find the right life insurance plan
My plan should
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