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Understanding Limited-pay Whole Life Insurance Plans

Unity Life of Canada joined the Foresters family in April 2008 and as of Jan 23 2012 changed their name to Foresters Life Insurance Company. Limited-pay Whole Life insurance plans provide guaranteed level premiums, lifetime protection and the policies are guaranteed paid-up after a limited number of years. UPDATE: These policies haverecently been in the Canadian industry spotlight in Canada. Historically low interest rates have reduced profitability on these plans and forced many ...
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