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Len [333]
3 years ago
8

What type of life insurance has cash value

Business
1 answer:
alisha [4.7K]3 years ago
7 0
Whole life policies provide “guaranteed” cash value accounts that grow according to a formula the insurance company determines. Universal life policies accumulate cash value based on current interest rates. Variable life policies invest funds in subaccounts, which operate like mutual funds.
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