Additionally, the proceeds received upon death of the policy holder or upon maturity are tax free under Section 10 (D). (policybazaar.com)
Premiums are level and the death benefit (the amount your beneficiaries receive upon your death) is guaranteed as long as you continue to pay the premiums. (trustedchoice.com)
Unlike a term life insurance policy where the benefit is only received upon death or terminal illness, Flagship Whole Life offers tax - deferred, cash - value growth that you can borrow against or cash out. (navymutual.org)