Thursday, June 03, 2010
Types of Life Insurance - Part 20
Types of Life Insurance
2) Permanent Life Insurance: Continued ....
It pays a death benefit to the recipient you name and proposes you low risk tax delayed cash value options. It presents separate accounts for you to invest in for instance money market, stock, and bond funds. It proposes premium flexibility. It permits you to make leave or to borrow from the policy all through your lifetime and it specifies that if you end the contract in early years you will be given less cash value total return than in an entire contract.
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