What Does Multiple Protection Policy Mean?

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What does Multiple Protection Policy mean? Read on to discover the definition & meaning of the term Multiple Protection Policy - to help you better understand the language used in insurance policies.

Multiple Protection Policy

Multiple Protection Policy

A combination of term and whole life coverage that pays some multiple of the face amount of the basic whole life portion (such as $10 per month per $1,000) throughout the multiple protection period (such as to age 65).

We hope the you have a better understanding of the meaning of Multiple Protection Policy.

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