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  2. Whole life insurance - Wikipedia

    en.wikipedia.org/wiki/Whole_life_insurance

    Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. [1] As a life insurance policy it represents a ...

  3. I’m an Estate Planner: Here Is What Life Insurance Is ... - AOL

    www.aol.com/finance/m-estate-planner-life...

    While any type of life insurance can benefit your family, term life is often surprisingly affordable — monthly premiums averaging around $16 to $19 for a 40-year-old with a 20-year policy and a ...

  4. What does life insurance cover? - AOL

    www.aol.com/finance/does-life-insurance-cover...

    Life insurance can help cover end-of-life expenses, estate planning, legacy funds and long-term care. Life insurance does not pay out for certain deaths, such as suicide, within the first two ...

  5. Colonial Penn - Wikipedia

    en.wikipedia.org/wiki/Colonial_Penn

    The Colonial Penn Life Insurance Company (often known as simply Colonial Penn) is an American life insurance company based in Philadelphia, Pennsylvania, founded by philanthropist and AARP co-founder Leonard Davis, owned by CNO Financial Group. Colonial Penn, which began as an insurance provider through AARP focused on people over 65, [1] now ...

  6. The new middle-class retirement plan: Working into old age

    www.aol.com/middle-class-retirement-plan-working...

    Meanwhile, many middle-class workers are envisioning retirements that could stretch to 25 years or more, given their expectation of living to a median age of 90. A longer retirement requires ...

  7. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical ...

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