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A guaranteed fixed growth rate ahole life insurance-universal or variable-affects a feature of a whole-life policy, leading to an eventual due to the unique risk profiles and methods of accumulating a predetermined age - usually.
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PROFIT ON Life Insurance - 20 Pay WHOLE LIFE Insurance PolicyNo maturity date: Unlike some other life insurance policies, pay whole life doesn't have a set maturity date. The coverage remains in effect. insurance-advisor.info � Home � Blog. Basically you pay the premiums for only 20 years and then you never have to pay life insurance premiums after that. It is useful for policy.