Whole Life Insurance: How it Works Explained | Guardian
https://www.guardianlife.com/life-insurance/whole-life/how-it-works
If you purchase whole life from a mutual insurance company, such as Guardian, the cash value portion can also earn annual dividends 6 , which can increase your cash value beyond the guaranteed rate. While there’s no guarantee that dividends will be declared each year, Guardian has paid them every year since 1868, even during wars, pandemics, or stock market turbulence.
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