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2. Types of life insurance - AOL

   www.aol.com/finance/types-life-insurance...

   There are more types of permanent insurance than there are term policies. The main types of permanent life insurance are: Whole life insurance. Universal life insurance. Equity Indexed Universal ...

3. How much life insurance do I need? - AOL

   www.aol.com/finance/much-life-insurance...

   The main difference between term life and whole life is the length of time you’re covered and the cost of coverage. Term life insurance provides coverage for a set period of time, typically ...

4. What is a life insurance premium and how does it work? - AOL

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

   A life insurance premium is the rate you pay for life insurance coverage. Life insurance premiums are determined using factors such as age, health, policy type and coverage limits. Insurers use ...

5. 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 (often the policyholder). Depending on the contract, other events such as terminal ...

6. Internal Revenue Code section 79 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   Section 79 plans are non-qualified as defined by the Internal Revenue Code, but still offer a tax deduction for sponsoring employers. [citation needed] An employee must include in gross income for Federal income tax purposes an amount equal to the cost of group-term life insurance coverage on the employee's life to the extent that the cost of ...

7. 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 ...