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About types Of Life Insurance Policies

A term life insurance is also known as a term assurance policy. Life insurance firms have marketing divisions which try to sell a policy, but this really doesn't do much for you in regards to education. In case the person purchasing the policy dies, the company will pay particular amount towards the beneficiaries.

Whole LifeConversely, whole life plans be in force until you die or turn 120, whichever comes first.