Calculating Techniques for Whole life insurance
Whole life insurance is a type of life insurance that combines insurance with an investment component. Los angeles whole life insurance policies offer a cash value account. This cash value account earns a set rate of return determined by the insurance company. Some whole life policies sold by insurers may offer you dividends. These dividends are payable to the policy and increase the death benefit amount. Alternatively, the dividends may be paid in cash or left to accumulate interest with the insurer. These dividends constitute a part of the policy's rate of return.
