
Summary of Whole Life Insurance
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Summary of Whole Life Insurance
Whole life insurance provides much more than just financial security in the event of one’s death. The money you build in a whole policy can be used for almost any financial need you can think of. Whether whole life insurance is right for you depends upon your financial objectives and how you plan to achieve them. It is a versatile tool because of the ways in which you can use the cash value of your policy for loans or other investments.
If you have a need for life insurance, you ought to consider whole life insurance to see if it makes sense in your financial plan.
What you have learned
- What Is Whole Life Insurance?
- Cash Value and Variations on Whole Life Insurance
- Special Uses for Whole Life Insurance
- Getting Money from Whole Life Insurance