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Definitions
- V
Variable
Life Insurance:
Life insurance under which the benefits relate to the value of
assets behind the contract at the time the benefit is paid. The
amount of death benefit payable would, under variable life policies
that have been proposed, never be less than the initial death
benefit payable under the policy.
Some whole life
policies let you pay premiums for a shorter period such as 20
years, or until age 65. Premiums for these policies are higher
since the premium payments are made during a shorter period.
Quick Life
Insurance Terms Glossary
(some definitions
taken from the National Association of Insurance
Commissioners' Life Insurance Buyers
Guide)
LIFE
IS COMPLICATED....
BUT TERM LIFE INSURANCE DOES NOT HAVE TO BE.
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Statement | Legal Statement | Licenses
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Quote Life Insurance will keep all
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information will not be used for any other purpose or given to
anyone else.
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