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	<title>New answer on: What Is Term Life And Whole Life Insurance?</title>

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		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-term-life-and-whole-life-insurance</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Wed, 25 Jun 2014 17:52:47 +0000</pubDate>

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		<description><![CDATA[An insurance company computes a rate for one year of coverage for every age.&#160; Term insurance provides coverage for a specific range of years.&#160; The premium is roughly equivalent to the average of the yearly premiums that I mentioned.&#160; A whole life policy is different in that it takes every remaining age and provides coverage for every remaining year.&#160; The premium is higher than a shorter term policy but the death benefit will be paid unless the policy is surrendered or lapses. ]]></description>

		

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		<title>By: David Osgood</title>

		<link>https://insurancelibrary.com/life-insurance/what-is-term-life-and-whole-life-insurance</link>

		<dc:creator>David Osgood</dc:creator>

		<pubDate>Wed, 29 May 2013 01:21:30 +0000</pubDate>

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		<description><![CDATA[Term life insurance is life insurance that is active only for a set period of time. Typically term life insurance will be active for 10, 20, or 30 years. Term life insurance policies typically do not accumulate a cash value.

Whole life insurance is permanent insurance. It typically will not expire as long as premium payments are made as required. A whole life policy also will normally accumulate cash value over it&#039;s existence which could be borrowed from or will in most cases raise the death benefit.]]></description>

		

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