Whole life is permanent insurance protection that protects you for your whole life,from theday you purchase the policy until you die,as long as you pay the premiums(保险费).Whole lifecan be a solid foundation.Upon this foundation you can build a long-term financial plan,becauseit guarantees lifetime protection for your family or business.Whole life insurance provides basicinsurance protection,plus Mortgage protection,Estate preservation,Retirement funding,Charitable giving,Business needs...A life insurance agent will help you determine an amount ofinsurance needed to protect your family or business in the event of your death.Generally afterthe first year,the policy begins to increase cash value.The amount of cash value in your policyusually increases every year.This money can be used to help purchase a home,fund a child'seducation,add to retirement income,or for any other purpose.You may also choose to leave it inthe policy and allow it to grow.A whole life policy can earn dividends.Dividends are determinedby the company's board of directors each year and are.not guaranteed.When a dividend ispayable,you may choose to take it in cash,use it to buy more insurance or to pay or reduce yourpremiums.When you die,the company will pay your beneficiaries the death benefit,usually theface amount of the policy plus any dividend.This money is generally received by the beneficiariesfree from income tax.
1、What is whole life insurance?
A.It's permanent insurance protection from the day you were born until you die.B.It's
permanent insurance protection that protects you for your whole life,from the day you buy it
until you die.C.It's insurance protection for your whole family members.D.It's income
protection insurance.
2、What can whole life insurance do for you?
A.It only provides basic insurance protection.B.It provides Mortgage protection and Estate
preservation.C.It offers Retirement funding,Charitable giving,Business needs.D.It not only
offers basic insurance protection,but also provides Mortgage protection,Estate preservation,
Retirement funding,Charitable giving and Business needs.
3、According to the passage,who will help you determine an amount of insurance needed?
A.A life insurance agent.B.Nobody except yourself.C.Your family members.D.Your lawyer.
4、The word“policy”in the fifth paragraph probably means().
A.政策 B.保险 C.彩票 D.策略,方法
5、When you die,the death benefits of your life insurance will().
A.be lost B.be paid to your beneficiaries C.be possessed by the insurance company D.will be
given to the government