Life insurance

Whole Life

Life insurance is an essential part of a sound financial plan, providing a safety net for your loved ones in the event of your unexpected death. But with so many types of life insurance policies available, choosing the right one can be overwhelming. Whole life insurance isn’t the right choice for everyone, and there are important factors to consider before making a decision. We’ll explore the pros and cons of whole life insurance, how it works, and whether it’s a good fit for your financial goals and needs.”

Insurance

Whole life insurance is a type of permanent life insurance policy that provides coverage for the entire lifetime of the insured, as long as the premiums are paid.

Value

Whole life insurance policies typically have a savings component, known as cash value, which grows over time and can be borrowed against or withdrawn by the policyholder.

Policy

Whole life insurance policies are generally more expensive than term life insurance policies because of the additional features and benefits they offer, such as lifelong coverage and a savings component.

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Advanced Market Group

Advanced Markets Group

Dedicated to increasing your core strengths
• Retirement strategies
• Estate preservation
• Tax strategies
• Transferring wealth
• Trust funding
• IRAs
• Charitable strategies
• Gifting
• Small business retirement plans
• Social Security basics

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