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What is adjustable whole life insurance?In: Life Insurance [Recategorize] |
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Adjustable whole life insurance
Adjustable whole life insurance allows you to vary your coverage as your insurance needs change. You normally choose the face amount you need and the premium you want to pay, and the company calculates a plan that provides coverage for your request. The result could be any plan from a term policy with a short period to a limited-payment whole life policy. You can also choose the type of plan and face value you want, leaving it to the company to calculate the premium rate needed.
First answer by ID0000000000. Last edit by ID0000000000. Question popularity: 225 [recommend question]
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