Similar words: life insurance, group life insurance, reinsurance, fire insurance, double insurance, marine insurance, automobile insurance, comprehensive insurance. Meaning: n. insurance on the life of the insured for a fixed amount at a definite premium that is paid each year in the same amount during the entire lifetime of the insured.
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1) Is Whole Life Insurance a Good Value?
2) The actuarial formula of pure premium of the whole life insurance is discussed, as discount factor is random.
3) The actuarial formula of pure premium of the whole life insurance is discussed factor is random.
4) The first is that whole life insurance accrues a cash value, which can be paid out upon death, or at a certain age.
5) The saving aspect of whole life insurance is easily seen by examining the net single premium for whole life insurance.
6) An insurance salesman might try to coax you into whole life insurance or universal life insurance; don't let them!
7) The only problem comes in some kinds of life insurance contracts whereby interest is in the core of the contract (what is known as whole life insurance, which is the most common any way).
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