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	<title>New answer on: What Is Modified Whole Life Insurance Policy?</title>

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		<title>By: Matt Benore</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-modified-whole-life-insurance-policy</link>

		<dc:creator>Matt Benore</dc:creator>

		<pubDate>Mon, 07 Apr 2014 15:01:15 +0000</pubDate>

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		<description><![CDATA[Modified Whole Life Insurance is really a company specific question.&#160; For one of the companies I work with, Modified Whole Life is designed for someone who has a medical history which most companies would decline or highly rate because of the medical history.

Modified Whole Life from my experience is a policy which if you were to pass away in the first 2 years, your beneficiaries would only get the premium back with some interest.&#160; 

Oh ya, you are also restricted in how much Life Insurance you can get as well.&#160; These are not guaranteed issue policies however they are close.]]></description>

		

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		<title>By: Jason Goldenzweig</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-modified-whole-life-insurance-policy</link>

		<dc:creator>Jason Goldenzweig</dc:creator>

		<pubDate>Sun, 06 Apr 2014 13:08:33 +0000</pubDate>

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		<description><![CDATA[Modified whole life policies are whole life policies that feature a different premium structure to make them more affordable during the early life of the policy. In short, the premiums are lower during the first 5 years of the policy and then increase to a specified amount for the remaining life of the policy.

Traditional whole life policies feature a fixed premium for the entire life of the policy (if it&#039;s a participating WL policy, then you may have the option to reduce the premiums over time using policy dividends - varies by carrier).]]></description>

		

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