What is Whole Life Insurance?Whole life insurance is a type of permanent life insurance that offers coverage for the policyholder's whole life as long as premiums are paid. It has a guaranteed death benefit and a cash value that may be borrowed from or withdrawn over time. The premiums are greater than those for term life insurance, but they stay constant throughout the policyholder's lifetime. It might be a suitable alternative for those who want both lifelong coverage and an investing component.
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We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. This is a proprietary website and is not associated, endorsed or authorized by the Social Security Administration, the Department of Health and Human Services or the Center for Medicare and Medicaid Services. This site contains decision-support content and information about Medicare, services related to Medicare and services for people with Medicare. If you would like to find more information about the Medicare program please visit the Official U.S. Government Site for People with Medicare located at http://www.medicare.gov
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