All whole are not the same
All whole life insurance policies are not the same. Some life insurance companies have a great history of paying dividends to their policy owners on a very regular basis. This does not say that they always will be in a position to pay a dividend. Dividends are not guaranteed. There are some life insurance companies that do not perform very well. With most whole life insurance policies if a premium payment is missed the routine premium loan is timely activated to prevent the policy from going into a state of lapse.
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