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TERM LIFE INSURANCE
What is Term Life Insurance?
- Term life insurance provides coverage for a set period. This contrasts with whole life insurance, which requires scheduled payments for your entire life.
- Basic term life insurance lengths are 10, 20, 30, or 35 years.
- Among the most popular life insurance products available, term life policies tend to be more affordable.
- They typically provide coverage for a fraction of the cost of permanent types of life insurance.
Why you need Term Life Insurance: