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It may come in your mind that why should anyone still buy whole life insurance. It is more expensive than any other policy and your financial advisor promises better returns elsewhere. Take a break and first consider some advantages of whole life insurance before you make a final move.
The premiums of whole life insurance are comparatively high than the term life particularly for younger persons but are definite not to rise. The whole life insurance has a cash value component which can grow and is credited to your cash value component
Whole Life Insurance is preferred by people because of following reasons.
Whole Life Insurance does not expire.
The whole life insurance poli
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