GLOSSARY
OF TERMS - page W
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Whole Life Insurance
A permanent insurance policy allowing you to lock into a specific
amount of coverage at a fixed premium rate, provided you continue
to make payments. Over time whole life policies may accumulate
a "cash reserve" or "cash value" savings
component against which you may be able to borrow.
Will
A written legal declaration that enables you to direct the
disposition of your assets upon your death.
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