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Posts: 129
Jun 6 12 9:48 AM
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Dec 29 12 1:36 PM
http://www.benefits.va.gov/insurance/s-dvi.asp
The basic difference between term and whole life insurance is this: A term policy is life coverage only. On the death of the insured it pays the face amount of the policy to the named beneficiary. You can buy term for periods of one year to 30 years. Whole life insurance, on the other hand, combines a term policy with an investment component.
http://www.smartmoney.com/plan/insurance/term-or-whole-life-8011/
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Charlie
"Never Look Down on Anybody... Unless You’re Helping Them Up..."
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