A contract with both insurance and investment components: (1) It pays off a stated amount upon the death of the insured, and (2) it accumulates a cash value that the policyholder can redeem or borrow [..]

Whole life insurance policies are one type of cash value insurance. Whole life policies offer protection through a lifetime - that is, for a person´s "whole life." From the day a person buys the policy, they pay a scheduled premium. The scheduled premium may be level or may increase after a fixed time period, but it will not change from t [..]

Life insurance which might be kept in force for a person's whole life and which pays a benefit upon the person's death, whenever that might be.

Permanent life insurance that provides for the payment of the face value upon death of the insured, regardless of when it may occur. This contrasts with term insurance, which pays benefits only if d [..]

A whole life insurance policy is a type of permanent insurance that provides a guaranteed death benefit and has fixed premiums. This traditional life insurance is sometimes also known as straight life insurance or cash value insurance.With a whole life policy, a portion of your premium pays for the insurance and the rest accumulates tax deferred in [..]

Life insurance that provides coverage for the entire life of the policyholder, who pays the same fixed premium throughout his or her life. The policy builds up cash reserves that may be paid out to th [..]

Permanent life insurance with fixed premiums and death benefit. Whole life insurance policies accumulate cash value which grows tax deferred. Several factors will affect the cost and availability of life insurance, including age, health, and the type and amount of insurance purchased. Life insurance policies have expenses, including mortality and o [..]

Life insurance with a cash value (as opposed to term insurance, which does not have a cash value).

Definition see whole life.

Insurance payable to a beneficiary at the death of the insured, whenever that occurs. Premiums may be payable for a specified number of years (limited payment life) or for life (straight life). The pr [..]

see life insurance

life insurance that may be kept in force for the duration of a person's life and pays a benefit upon the person's death. Premiums are made for same time period.

Permanent life insurance offering guaranteed death benefits and guaranteed cash values.

Whole life insurance is an insurance contract which continues during the entire life of the insured and provides for payment at the insured's death or at an advanced age. Premium payments are usu [..]

A type of life insurance that offers a death benefit and also accumulates cash value tax deferred at fixed interest rates. Whole life insurance policies generally have a fixed annual premium that does [..]

A type of life insurance that continues until the insured stops making payments or dies.

A type of life insurance that provides coverage for the insured's entire life as long as the policyholder pays the premiums. Whole life insurance also has a cash value component that can be drawn [..]

Permanent life insurance with fixed premiums and death benefit. Whole life insurance policies accumulate cash value which grows tax deferred. Several factors will affect the cost and availability of l [..]

n. seguro de por vida

Whole life insurance is a policy that pays out on your death. There is no fixed term, cover continues as long as you continue to pay premiums. You pay premiums throughout your life or until you reach a certain age, when premiums could stop but cover continues.

Life insurance that is kept in force for a person's whole life as long as the scheduled premiums are maintained. All Whole Life policies build up cash values. Most Whole Life policies are guaranteed as long as the scheduled premiums are maintained. The variable in a Whole life Policy is the dividend which could vary dependi [..]

Life insurance payable to a beneficiary at the death of the insured whenever that occurs. Premiums may be payable for a specified number of years (limited payment life) or for life (straight life).

The oldest kind of cash value life insurance that combines protection against premature death with a savings account. Premiums are fixed and guaranteed and remain level throughout the policyís lifetim [..]

Life-long protection and premiums are paid throughout your life and the money including any bonuses will be paid when you pass away or suffer total and permanent disability

Life insurance payable to a beneficiary at the death of the insured, whenever that occurs. Premiums may be payable for a specified number of years (limited payment life) or for life (straight life).

Life insurance which might be kept in force for a person's whole life and which pays a benefit upon the person's death, whenever that might be.

The most common type of permanent life insurance. With this type of policy, premiums generally remain constant over the life of the policy and must be paid periodically in the amount specified in the policy.

Covers you for your lifetime.

A type of life insurance that has both a permanent life insurance and an investment component. Upon the death of the insured person, the life insurance company makes a payment to the beneficiary. The [..]

A basic type of permanent life insurance which can provide lifetime protection at a level premium. Premiums must generally be paid for as long as the policy is in force.  

Life insurance that is kept in force for a person's whole life as long as the scheduled premiums are maintained. All Whole Life policies build up cash values. Most Whole Life policies are guaranteed as long as the scheduled premiums are maintained. The variable in a Whole life Policy is the dividend which could vary depending on how well the i [..]

A type of permanent life insurance which provides a level death benefit upon the insured's death, or a cash endowment upon policy maturity that is equal to the death benefit. Whole life insurance policies also accumulate cash values.

Life insurance that remains in force during your entire lifetime, provided premiums are paid as specified in the policy. Whole life insurance also develops a cash value as a result of the level premium approach to funding the death benefit.

Life insurance which provides coverage for an individual’s entire life, rather than a specified term. A savings component, called cash value or loan value, builds over time and can be used for wealth [..]

A permanent life insurance policy that builds a cash value as the premium is paid. It is guaranteed to pay the death benefit at the end of the Insured’s life as long as the premium is paid up, or will [..]

The oldest kind of cash value life insurance that combines protection against premature death with a savings account. Premiums are fixed and guaranteed and remain level throughout the policy's [..]

A type of permanent life insurance which provides a level death benefit upon the insured’s death, or a cash endowment upon policy maturity that is equal to the death benefit. Whole life insurance poli [..]

 Guaranteed Life Insurance with a fixed, guaranteed premium paid for life whose cash value endows at age 100, or at age 120 for more recently issued policies.

A plan of insurance for the whole of life. It includes straight life on which premiums are payable until death. 

The oldest kind of cash value life insurance that combines protection against premature death with a savings account. Premiums are fixed and guaranteed and remain level throughout the policy’s lifetim [..]

Life insurance which might be kept in force for a person’s whole life and which pays a benefit upon the person’s death, whenever that might be.

The oldest kind of cash value life insurance that combines protection against premature death with a savings account. Premiums are fixed and guaranteed and remain level throughout the policy's [..]

A type of permanent life insurance where the face amount of coverage and the premiums are fixed and do not change over the life of the policy.  A whole life insurance policy may accumulate cash value. [..]

Whole life insurance is a combination of life-long protection, investment, and savings, which can be used as a retirement fund. It will not expire as long as the premiums are paid.

Also known as straight life or permanent life, this insurance may be kept in force for a person’s whole life and pays a benefit upon the person’s death. All whole life policies build up nonforfeiture [..]

Life Insurance payable to a beneficiary at the death of the Insured, whenever that occurs. Premiums may be payable for a specified number of years (Limited Payment Life) or for life (Straight Life).

Permanent life insurance with fixed premiums and death benefit. Whole life insurance policies accumulate cash value which grows tax deferred. Several factors will affect the cost and availability of l [..]

An insurance contract where the benefit is payable on death, whenever it occurs. Distinct from term insurance, which pays out only if death occurs within a specific period.

A plan of insurance for the whole of life, payable at death. It includes ordinary life insurance with premiums payable for life, or limited payment life on which premiums are limited to a specified nu [..]

A type of life insurance that offers a death benefit and also accumulates cash value tax deferred at fixed interest rates. Whole life insurance policies generally have a fixed annual premium that does [..]

Permanent life insurance with fixed premiums and death benefit. Whole life insurance policies accumulate cash value which grows tax deferred. Several factors will affect the cost and availability of life insurance, including age, health, and the type and amount of insurance purchased. Life insurance policies have expenses, including mortality and o [..]

A traditional Whole Life insurance policy provides both a death benefit and a cash value component. The policy is designed to remain in force for a lifetime. Premiums stay level and the death benefit is guaranteed. Over time, the cash value of the policy grows and helps keep the premium level. Although the premiums start out significantly higher th [..]

A type of life insurance that offers a death benefit and also accumulates cash value tax deferred at fixed interest rates. Whole life insurance policies generally have a fixed annual premium that does not rise over the duration of the policy. Whole life insurance is also referred to as "ordinary" or "straight" life insurance. Ac [..]

A contract with both insurance and investment components: (1) It pays off a stated amount upon the death of the insured, and (2) it accumulates a cash value that the policyholder can redeem or borrow [..]

Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life," is a life insurance policy which is guaranteed to remain in forc [..]