The largest line of life insurance in terms of total contract value in the U.S.is

Question

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Ordinary life insurance is also known as permanent or whole life insurance, and it typically provides coverage for the entire life of the insured individual. The premiums for ordinary life insurance are higher than other types of life insurance, but this is offset by the cash value that accumulates over time. As a result, ordinary life insurance has the largest total contract value in the U.S. as compared to other types of life insurance.

The Largest Line of Life Insurance in Terms of Total