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Whole Life Insurance শব্দের বাংলা অর্থ: পুরো জীবন বীমা

Whole Life Insurance Meaning In Bengali পুরো জীবন বীমা

Whole Life Insurance

যাবজ্জীবন বিমা,

Definition

1) Whole life insurance is a type of permanent life insurance that provides coverage for the entire life of the insured.
2) It includes a cash value component that grows over time.
3) Premiums for whole life insurance are typically higher than term life insurance but remain level for the life of the policy.

Examples

Whole Life Insurance Example in a sentence

1) Whole life insurance provides coverage for the insured's entire life.

2) With whole life insurance, the policyholder pays premiums regularly.

3) The cash value of whole life insurance grows over time.

4) Whole life insurance offers a death benefit to the beneficiaries.

5) Whole life insurance can be more expensive than term life insurance.

6) Whole life insurance policies often have fixed premiums.

7) Whole life insurance can serve as an investment vehicle.

8) Whole life insurance policies may include options to borrow against the cash value.

9) Whole life insurance provides peace of mind for the insured and their loved ones.

10) Some people choose to purchase whole life insurance as a way to leave a financial legacy.

Part of Speech

Whole Life Insurance (Noun)

Synonyms

Whole Life Insurance - (SYNONYM) যাবজ্জীবন বিমা

Encyclopedia

Whole life insurance is a type of permanent life insurance that provides coverage for the entire life of the insured.
It includes a cash value component that grows over time.
Premiums for whole life insurance are typically higher than term life insurance but remain level for the life of the policy.