Whole life insurance can literally span throughout
the entire lifetime of an insured.
This type of insurance is called permanent because it is intended to last
the entire lifetime of the insured.
«Whole life,» as the name implies, lasts for
the entire lifetime of the insured person instead of a set term, and grows in value over time to a final death benefit.
Universal life insurance is a permanent policy that is designed to last throughout
the entire lifetime of the insured.
Term life insurance policies frequently last as long as 30 years, and whole life insurance policies can last
the entire lifetime of the insured, so it's very likely that during that time the document has moved or become covered by other records and household items.
Whole life insurance can literally span throughout
the entire lifetime of an insured.
Premiums are fixed and the policy will remain in force for
the entire lifetime of the insured, provided the premiums are paid.
This type of policy provides protection that can last for
the entire lifetime of the insured (provided that the premium is paid).
A universal life insurance policy is built to last for
the entire lifetime of the insured — and it can also provide more flexibility than some other types of permanent life insurance, like whole life.
This type of life insurance is intended to last for
the entire lifetime of the insured.
The single premium payment whole life insurance policy will also remain in force for
the entire lifetime of the insured.
With whole life insurance, the coverage will remain in force throughout
the entire lifetime of the insured — as long as the premium is paid.
Universal life insurance plans are valid for
the entire lifetime of the insured, but the core structure is very different.
Whole life is a form of insurance offering «permanent» protection at a level premium for
the entire lifetime of the insured.