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Life Insurance Glossary Terms  4 A B C D E F G H I J K L M N O P Q R S T U V W Y

Limited-Payment Whole Life Insurance


This represents a type of whole life insurance policy that provides death benefit coverage for life. Premiums are, however, only payable for a specified number of years, after which the policy becomes paid up for the full death benefit. See also Single-Premium Whole Life Insurance.

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