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Variable Whole Life Insurance
Variable Whole Life Insurance
Variable Whole Life insurance is a form of permanent life insurance
in which the death benefit and the cash value of the policy fluctuate
according to the performance of the investment options that you
have chosen. With Variable Whole Life insurance, you get to decide
where to invest your money among the insurance company's portfolio
of investments. Although a minimum cash value of your policy is
not usually guaranteed, the plus side is that you have control over
your money and can invest it according to your own tolerance for
risk. Many Variable Whole Life insurance policies at least guarantee
that the death benefit will not fall below a specified minimum.
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