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1:30
Whole Life Insurance vs. IUL: a BASIC Comparison and Difference. Which is better?馃Whole life is a GUARANTEED and FIXED product. It offers a FIXED GUARANTEE INTEREST RATE between 2%-4% depending on the insurance company with NON GUARANTEED DIVIDENDS that pays between usually 4%-6.5% which increases the return to 3%-6% depending on performance and profits of the company. Once it鈥檚 SET, you can NO LONGER make any changes to your policy. Set premium, set interest rate, and set death benefit. What鈥檚
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Feb 12, 2024
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Darrick Phan
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