Testimony [and Report] Taken Before The Select Committee Of

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Whole Life Insurance and Universal Life Insurance: Whole Life Insurance and Universal Life Insurance are designed to provide for a permanent need for life insurance. Term life insurance provides protection at a low cost, but doesn't build cash value Permanent life insurance provides protection while providing an opportunity for asset growth potential. Through what’s known as a 1035 exchange, you can convert your life insurance into an income annuity without paying taxes on your gains.

Pages: 334

Publisher: Nabu Press (March 19, 2012)

ISBN: 1278493115

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