Does Whole Life Insurance Have a Cash Value?

Does Whole Life Insurance Have a Cash Value?

Whole life insurance, a type of permanent life insurance, is one of the most popular types, mainly due to the cash value component that’s included in it. Whereas term life insurance, also known as “pure” life insurance, provides a death benefit to the policyholder’s beneficiaries, whole life insurance does this, plus it allows a cash […]

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