# data[].attributes.body
This type of Life Insurance is a permanent insurance plan where the insured also gets an investment value. This type of insurance has minimums and low premiums

# data[].attributes.body
This type of insurance lasts the entire duration of the insured's life. Whole life insurance providers often have savings in which value can accumulate. If the insured kept their premium payments up to date, the policy is paid out to a beneficiary.
Other names;
Permanent
or
Traditional Life Insurance Policies

# data[].attributes.body
https://www.investopedia.com/terms/w/wholelife.asp

https://www.healthcare.gov/how-plans-set-your-premiums/#:~:text=How%20insurance%20companies%20set%20health,can't%20affect%20your%20premium.

https://www.statefarm.com/simple-insights/life-insurance/what-to-consider-when-choosing-a-beneficiary

https://finance.zacks.com/payment-made-beneficiaries-life-insurance-policy-7352.html#:~:text=Receiving%20payment%20from%20your%20life,choose%20from%20different%20payment%20options.

https://www.investopedia.com/terms/u/universallife.asp

https://www.insure.com/life-insurance/life-insurance-underinsured.html

https://www.quickquote.com/life-insurance-rates-comparison-chart/

https://www.usatoday.com/story/money/personalfinance/2018/09/16/life-insurance-more-than-one-policy/1225886002/

https://study.com/academy/lesson/choosing-a-life-insurance-policy.html

https://www.thebalance.com/types-of-insurance-policies-you-need-1289675

# data[].attributes.headline
Premiums and factors that determine beneficiaries

# data[].attributes.subject
Premiums and factors that determine beneficiaries

# data[].attributes.body
Factors that determine beneficiaries are;

* Age
* Responsibility with money
* Insurable interest
* Policy rules and categories

# data[].attributes.headline
What are beneficiaries and how do they receive payment?

# data[].attributes.subject
What are beneficiaries and how do they receive payment?

# data[].attributes.body
A beneficiary is someone who is eligible or trusted to receive the benefits from another trust, will, or life insurance policy.

They receive payment by filing a claim with their insurance companies and waiting 30-60 days. There are sometimes options for payment methods.

# data[].attributes.body
This type of Life insurance is like mutual funds instead with the idea of an investment. There is cash-value to the policy that builds over time.

# data[].attributes.body
This type of Life Insurance only covers the insured for a select period of time (a term). For example;
You can have a term for life insurance for the next 20 years only.

# data[].attributes.body
Life Insurance is a contracted relationship between the insurer and the insured that allows the insurer to pay a large sum of money to the insured's beneficiaries