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Marcus Johannsson is considering purchasing either a traditional whole life insurance policy or a modified - premium whole life insurance policy. In comparing these two
Marcus Johannsson is considering purchasing either a traditional whole life insurance policy or a modifiedpremium whole life insurance policy. In comparing these two types of policies, Mr Johannsson should keep in mind that he will be able to afford a larger face amount with the modifiedpremium traditional whole life insurance policy. Another factor that he should consider is that the policy's cash value will grow more quickly with the modifiedpremium traditional whole life insurance policy.
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