The policy owner is the guarantor and he will be the person to •••••••• for the policy.
insured Permanent life insurance is life insurance that covers the remaining lifetime of the insured.
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provides Term assurance provides life insurance coverage for a specified term.
including There are several types of universal life insurance policies, including interest-sensitive (also known as “traditional fixed universal life insurance”), variable universal life (VUL), guaranteed death benefit, and has equity-indexed universal life insurance.