Whole-Life Policies Video

Learn about Whole-Life Policies

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By: MonkeySee.com - Business

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Whole-Life Policies -

Learn about whole-life policies in this video with Bob Ley from the AIG insurance company.

Whole-Life Policies -

Learn about whole-life policies in this video with Bob Ley from the AIG insurance company.

Added:

8/3/09

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Whole-Life Policies aig bob ley buy life insurance insurance insurance company life life insurance life insurance advice life insurance policies life insurance tips monkeysee protection whole-life

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Male: What are whole-life policies?
Bob: Whole-life policies are a type of permanent insurance which combines life insurance with a cash value fund. Here, you are buying a policy that pays a stated fixed amount on your death and part of your premium goes towards building cash value. Based on current Federal Income Tax law, cash value builds tax deferred each year that you keep the policy. And you can borrow against the cash accumulation fund without being taxed. The amount you usually pay doesn’t change throughout the life of the policy.

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