Not exact matches
Because of its long lasting nature, a
whole life insurance policy holder will never find himself or herself without a
life insurance
plan —
regardless of how long they need the coverage or any adverse health conditions that they may acquire over time.
Whole life insurance
plan with lifetime death benefit coverage and a fixed interest rate
regardless of circumstances.
They have
whole life plans that anyone between the ages of 50 to 85 can purchase and they are level premium
plans, which means that your policies are never going to increase,
regardless of how long you hold the policy.
When comparing
life insurance quotes, you'll quickly notice that
whole life insurance costs more than a term
life insurance
plan, but it also has numerous advantages, including the fact that a term
life policy will expire while a
whole life policy has a guaranteed payout
regardless of how long the insured person
lives.
Also, because this is a
whole life plan, the premium rates will not go up — and coverage is guaranteed into the child's adulthood,
regardless of his or her future occupation and health.
If the permanent policy is a
whole life insurance
plan, the premium amount will be guaranteed never to go up —
regardless of the insured's increasing age, as well as if the insured attains an adverse health condition in the future.
The cash value in a
whole life plan has a guaranteed rate of interest — so it grows each and every year,
regardless of what is occurring in the stock market, or even in the economy overall.