What Does Term Life Insurance Mean?
Your Virtual Mainstreet wrote an interesting post today on
Here’s a quick excerpt
What Does Term Life Insurance Mean? Term life insurance is temporary life insurance that provides protection for a specific number of years. Usually, you can choose coverage for between 1-30 years. Some of the most common periods of coverage for term life insurance are 10, 15, 20, or 30 year terms of coverage. Term life insurance is pure protection. There is no investment, or cash value that builds up within the policy. You pay only for the life insurance protection. If you die while your t
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