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Tag: Term life insurance

How Term Life Insurance Benefits You?

How Term Life Insurance Benefits You?

There are two types of insurance policies. whole life insurance term life insurance. Whole life insurance: Permanent life insurance provides lifetime protection to your spouse or children by paying monthly premiums. Term life insurance: This insurance policy pays a sum of amount after a set period or on the death of the insurer to the beneficiaries. What are the various advantages of term life insurance plan? Less expensive: Term life insurance plans are extremely cheap at premium cost than a…

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