Whole Life Assurance

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf Life Insurance Policy
gptkbp:alsoKnownAs Whole Life Insurance
gptkbp:beneficiaryReceives Death Benefit Upon Insured's Death
gptkbp:cashValue Accumulates Over Time
gptkbp:contrastsWith Term Life Insurance
Universal Life Insurance
https://www.w3.org/2000/01/rdf-schema#label Whole Life Assurance
gptkbp:includes Cash Value Component
gptkbp:offeredBy Insurance Companies
gptkbp:originatedIn 19th Century
gptkbp:pays Death Benefit
gptkbp:policyExpires At Death of Insured
gptkbp:policyholderCan Borrow Against Cash Value
Surrender Policy for Cash Value
gptkbp:premiumPaymentPeriod Whole Life
gptkbp:premiums Level Premiums
gptkbp:provides Lifelong Coverage
gptkbp:regulates gptkb:Insurance_Regulators
gptkbp:usedFor Estate Planning
Income Replacement
Wealth Transfer
gptkbp:bfsParent gptkb:Rural_Postal_Life_Insurance
gptkbp:bfsLayer 7