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48 Views • Nov 18, 2024 • Click to toggle off description
Join over 4 million people who read our free daily digest: join1440.com/YouTube
Whole life insurance comes with fixed monthly premiums and a guaranteed death benefit. Part of your premium goes into a cash value account that grows at a fixed rate, making it a stable but pricier option.
Universal life insurance is more flexible—you can adjust your contributions, affecting both premiums and the death benefit. Its cash value grows based on market rates, so returns can vary. But beware: if the account’s value drops too low, the policy could lapse.
Dive deeper into all aspects of life insurance here: bit.ly/3Y97hAG
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CREDITS:
Script Writer:
August Moon
Collaborator:
Teddy Burkhardt
Video Editor:
August Moon
Voiceover:
August Moon
#lifeinsurance #universallifeinsurance #wholelifeinsurance #1440
Views : 48
Genre: Education
Uploaded At Nov 18, 2024 ^^
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RYD date created : 2024-11-19T05:03:05.553386Z
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