Are here any time insurance covers that own a currency contained by pro?
Answers: Read this article from Money magazine roughly speaking whole life policies- WL,UL,VL,VUL. If you want to capture a RoR of 1-4%, these are the places to put your money. Source(s): http://biz.yahoo.com/hmoney/070705/07030…
Whole Life
Universal Life
Variable Life
Return of Premium Term Life
Both Universal Life and Variable Universal Life build cash values, however each product is engineered differently for a specific purpose. Some UL products are designed for opulence transfer, estate tax planning and even college funding. There is not a soul solution that fits everybody.
You can also purchase Return of Premium Term insurance. ROP Term is more expensive that traditional term, but typically much less expensive than UL. At the ending of the term period, if you aren't deceased of course, you get every cent you rewarded in premium back. Source(s): I am a licensed insurance broker.
It's called whole duration or variable life. Not the greatest hoard vehicle in the world, if you want stability in your change value and need insurance coverage at alike time, that's what's available.
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