I looked it up here is what it says
whole life in·sur·ance
noun
noun: whole life insurance; plural noun: whole lifes insurance
1.life insurance that pays a benefit on the death of the insured and also accumulates a cash value.
Understanding the Importance and Basics of Life Insurance
Term Life: Generally less expensive than other life insurance products and is designated for a certain time period or to a certain age. Term is named for the contract's limited length or "term" and is pure life insurance. Term policies generally last for 1, 5, 10, 15, or 20 years, or to some specified age such as age 65 or age 100.
Whole Life: Lifetime coverage at a premium that does not increase with your age after you buy.
Universal Life: Premium amount and death benefit are both flexible. Able to change the amount of your premium payments and/or death benefit after you buy the policy. Increasing your premium payments as you age is important to maintaining your universal life policy.
Who Can Take Out a Policy on My Life?
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New rates should be coming. I can send down a app on Monday it will get issued on Tuesday and commission sent. Easy company to work with
whole life in·sur·ance
noun
noun: whole life insurance; plural noun: whole lifes insurance
1.life insurance that pays a benefit on the death of the insured and also accumulates a cash value.
Understanding the Importance and Basics of Life Insurance
Term Life: Generally less expensive than other life insurance products and is designated for a certain time period or to a certain age. Term is named for the contract's limited length or "term" and is pure life insurance. Term policies generally last for 1, 5, 10, 15, or 20 years, or to some specified age such as age 65 or age 100.
Whole Life: Lifetime coverage at a premium that does not increase with your age after you buy.
Universal Life: Premium amount and death benefit are both flexible. Able to change the amount of your premium payments and/or death benefit after you buy the policy. Increasing your premium payments as you age is important to maintaining your universal life policy.
Who Can Take Out a Policy on My Life?
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California still has the old rates so they are not as competitive. Very easy app though. I made two calls to them yesterday. One was to CS to request a loan for a client. It was processed yesterday. She will have the check today. The other was on a claim. The checks should go out today, probably already went out. ---------- That brings up a question. What is the destination of Whole Life?
New rates should be coming. I can send down a app on Monday it will get issued on Tuesday and commission sent. Easy company to work with
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