A 28 year old individual determines that they need a $500,000 life insurance policy, would...

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Accounting

A 28 year old individual determines that they need a $500,000 life insurance policy, would like a savings component of the same, and be able to retire at age 67. Should the individual choose a whole life or term policy? Describe the key features of both policies and why and how you reached your conclusion. response should be at least 500 words

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